Advait Energy bags Rs 51.62 crore MVCC turnkey order from DGVCL

Govt Defence OrderBusiness Updates View source PDF Explain this filing

ADVAIT · price

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

-1.8%Reaction day

₹2144.50

prior close

₹2169.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-2.0%+0.2% vs market

Other Electrical Equipment peers, median of 50sector-1.2%-0.6% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.6 pts less than its Other Electrical Equipment 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

Stock

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10m

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15m

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30m

-1.0

Sessions after the filingfrom the prior close

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Reaction day

-1.8-2.0+0.2-1.2-0.6

Next day

+2.3-0.1+2.4-0.2+2.5

+2.9+1.2+1.7+0.3+2.6

+1.9+1.4+0.5+0.9+1.0

-0.4+0.4-0.8-0.2-0.3

-1.1+1.0-2.1-0.0-1.1

-2.6-0.5-2.0+0.0-2.6

15d

+5.7-0.6+6.2-3.5+9.2

+2.7+3.4-0.7-1.4+4.0

+0.1+6.0-5.9-4.5+4.6

-12.8+1.1-13.9-8.9-3.9

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

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

AI summary

Advait Energy Transitions has won a Rs 51.62 crore turnkey order from Dakshin Gujarat Vij Company (DGVCL), a state power distributor, for supply, installation, testing and commissioning of 11KV Medium Voltage Covered Conductor with accessories under the Gujarat government's Vanbandhu Kalyan Yojana-2 scheme. The domestic contract is to be executed over 15 months and includes additional poles if required.

Likely market impact

Strengthens order book with a state-owned utility win. Government-backed contract adds revenue visibility, though size is moderate.