Admach Systems gets Rs 7.92 cr purchase order from steel company

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Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹503.00

prior close

₹508.00

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+5.0% vs market

Industrial Products peers, median of 129sector-1.1%+4.5% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 4.5 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+3.4-1.6+5.0-1.1+4.5

Next day

+4.2-1.0+5.1-1.2+5.4

+3.4-2.6+6.0-2.3+5.7

-1.8-5.1+3.4-4.8+3.0

-1.9-6.1+4.2-6.6+4.7

-6.8-8.3+1.5-9.0+2.2

-8.2-6.4-1.8-6.7-1.4

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 129Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Admach Systems Limited has received a purchase order worth Rs 791.80 lakhs (with GST) from a listed domestic company in the steel industry, for supplying Processing and NDT Equipment for Steel Bars. The order is to be executed within 26 weeks. Current order book stands at Rs 76.25 crores. Payment terms include 20 percent advance against bank guarantee, 70 percent against inspection, and 10 percent after commissioning. The order is not a related party transaction.

Likely market impact

New domestic order of about Rs 7.92 cr adds to the Rs 76.25 cr order book, improving near term revenue visibility. No related party concerns.