Announced Fri, 3 Jul · 20:02 IST
Land Purchase in Rajasthan for Business Expansion
Capex & Operations View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹56.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.6-6.1-2.6+0.0+2.3-0.9-4.1———
Up moveDown movePending
AI summary
Accord Transformer & Switchgear Ltd bought about 20,300 sq meters of land in Khairthal, Rajasthan for 8.85 Crore, plus 1.82 Crore in stamp duty and commission, totaling around 10.67 Crore. The land is meant for expanding manufacturing, warehousing and testing facilities. The sale deed is expected to be completed by July 7, 2026. No regulatory approvals are needed and it is not a related party deal.
Likely market impact
Positive for growth outlook as the company invests in expanding operations. Watch for execution timelines and any funding impact on cash flows.