New order worth Rs 75.56 cr from PGVCL for underground cable work

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

+0.6%Reaction day

₹2194.00

prior close

₹2259.30

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-0.8% vs market

Other Electrical Equipment peers, median of 50sector+0.9%-0.3% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.3 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

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Sessions after the filingfrom the prior close

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Reaction day

+0.6+1.4-0.8+0.9-0.3

Next day

-0.4+1.5-1.9+0.5-0.9

-2.7+0.5-3.2-0.6-2.1

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-3.4+0.7-4.1+0.5-3.9

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+2.4+0.5+1.9-1.6+4.0

15d

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-12.0+2.4-14.4-9.1-2.9

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 turnkey contract worth Rs 75.56 crore (incl taxes) from Paschim Gujarat Vij Company Ltd (PGVCL), a Gujarat state power distribution company. The work involves converting existing 11 kV HT and LT overhead line network into underground cable network with ring main system at Udyognagar, Porbandar Circle (Package 61). Execution timeline is 18 months. Domestic government entity order.

Likely market impact

Positive - adds Rs 75.56 cr revenue over 18 months from a government PSU client, strengthening order book visibility.