Airfloa Rail secures Rs 34.85 Cr LOA for Vande Bharat Sleeper interior work
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Airfloa Rail Technology has received a Letter of Acceptance worth Rs 34.85 Crores from Integral Coach Factory (ICF), Chennai, for interior design of one Vande Bharat Sleeper Trainset and mock-up development. The order is under a consortium with Blue Engineering, Italy, with Airfloa as the lead member. The work must be completed within 12 months from 12 October 2026.
Positive - new government order from Indian Railways adds Rs 34.85 Cr to order book; execution risk tied to consortium with Italian partner.