Advait Energy Transitions confirmed as L1 bidder for PGCIL tower crane order

Govt Defence OrderBusiness Updates View source PDF Explain this filing

ADVAIT · price

Loading chart…

▲ 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

+6.5%Reaction day

₹1624.90

prior close

₹1650.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%+3.9% vs market

Other Electrical Equipment peers, median of 46sector+1.9%+4.5% vs sector

On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 4.5 pts more 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

+3.8

10m

+2.6

15m

+2.8

30m

+4.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.5+2.6+3.9+1.9+4.5

Next day

+0.1+3.6-3.5+3.2-3.1

+10.2+3.1+7.1+2.7+7.4

+8.9+2.6+6.4+3.3+5.6

+7.1+1.1+6.0+1.6+5.5

+1.8+0.3+1.5+0.5+1.3

+5.5+1.6+3.8+2.7+2.7

15d

-1.2-3.9+2.8-6.1+4.9

-4.6-8.1+3.5-8.9+4.3

+11.8-3.1+14.9+1.6+10.3

+23.9+9.2+14.8+17.3+6.7

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 46Pending

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

AI summary

Advait Energy Transitions has been confirmed as the L1 (lowest) bidder by Power Grid Corporation of India Limited (PGCIL) for procuring a Centre Tower Crane used in mechanized erection of transmission line towers. The order is valued at about 1.96 crore rupees including taxes. This is a vendor development order. The Letter of Intent or formal award is still pending and will be shared separately.

Likely market impact

Small initial order from government PSU PGCIL. Positive for vendor development but formal award not yet received.