AARVIBSEAARVI ENCON LIMITEDHighPositive
Announced Tue, 1 Sept, 2026 · 12:26 IST

Aarvi Encon wins four work orders worth Rs 174.73 crore from CEIL

Govt Defence OrderBusiness Updates View source PDFExplain this filing

AARVI · price

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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹142.21
prior close
₹140.96
base price
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AI summary

Aarvi Encon Limited received four work orders worth Rs 174.73 crore (excluding taxes) from Certification Engineers International Limited, a Government of India undertaking and subsidiary of Engineers India Limited. The three year contracts starting September 1, 2026 cover hiring of manpower for onshore, offshore, technical and office support roles. No related party interest.

Likely market impact

Large order win from a government PSU reinforces three year revenue visibility and strengthens presence in manpower services.