Announced Thu, 2 Apr · 17:41 IST

Receiving of Order Value of Rs. 1.23 Crores

Business Updates View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+13.2%1-day move
₹276.50
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+13.2+17.0+16.5+20.4+20.1+22.6+22.9+21.2+17.0+10.0
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AI summary

Airfloa Rail Technology Limited has received a new order worth Rs. 1.23 crores from Integral Coach Factory (ICF), Chennai, a government railway entity under the Ministry of Railways. The order is for the supply of End Wall components for 3PH Memu/TC Coaches. The delivery will commence in November 2026 and be completed within 17 months. The order value is relatively small, and the company is described as an approved regular source for ICF, indicating an existing supplier relationship.

Likely market impact

This is a modest new order that adds to the company's order book but is unlikely to have a significant near-term impact on the stock given the small order size. The domestic government railway customer provides business visibility.