New Delhi — Shares of SBC Exports Ltd gained momentum on Monday after the company announced that it had secured a repeat export order from its long-standing client, Gawgee Brothers LLC, a Dubai-based trading firm.
In a filing to the stock exchanges, the Indian-based exporter confirmed the receipt of the new order, calling it a reaffirmation of its strong business relationship with Gawgee Brothers and a marker of consistent product satisfaction and service delivery.
While the company did not disclose the exact value or volume of the order, it emphasized that the development is part of its broader international growth strategy, especially in the Gulf region.
“The repeat order reflects the trust and reliability we’ve built with our overseas partners,” SBC Exports said in a statement. “It positions us to further expand our footprint in global markets with high demand for quality Indian exports.”
Following the announcement, shares of SBC Exports saw an uptick in trading, buoyed by improved investor sentiment and optimism over the company’s export performance.
SBC Exports operates in multiple verticals, including garments, manpower supply, tour and travel services, and IT support. The repeat order from Gawgee Brothers is expected to bolster its revenue in the export segment for the current fiscal year.
Market analysts say the news reinforces SBC’s export credibility and aligns with its focus on tapping consistent demand from the Middle East, particularly the United Arab Emirates.
