Announced Thu, 9 Apr · 11:20 IST

Intimation of work/supply order received to the Company

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹63.00
prior close
₹61.51
base price
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AI summary

Accord Transformer & Switchgear Ltd has received a domestic supply order worth Rs. 8.40 Crores from a leading Private Sector Firm. The order is for CSS Transformers for a project involving CM Grid Road Work and Goldfinch Amravati Sport City Lucknow. The project is scheduled to be completed within 12 months. The company has stated the order is routine in nature, received in the normal course of business, and does not involve any related party transactions or promoter interest.

Likely market impact

The order value of Rs. 8.40 Crores provides near-term revenue visibility for the company over the next 12 months, though the company has characterised it as routine and not materially changing its risk profile or financial position.