Announced Sat, 11 Jul · 11:39 IST

Alphalogic wins about Rs 1.03 cr storage racking order from Blinkit

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alphalogic Industries has bagged an order worth about Rs 1.03 crore (including GST) from Blink Commerce Private Limited (popularly known as Blinkit) to design, manufacture, supply and install Storage Racking Systems. The work covers three sites: Ghaziabad in UP, Haveli in Maharashtra and Indore in MP. Execution is to be completed within this month itself. The order is from a domestic entity with no promoter group or related party interest.

Likely market impact

Positive read for the small-cap as it bags business from a major quick-commerce brand, though order size is modest. Fast execution this month supports near-term revenue.