LOA from South Eastern Railway worth Rs 19.97 crore

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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▲ 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

+1.9%Reaction day

₹137.45

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.4% vs market

Rubber peers, median of 9sector+0.1%+1.7% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.7 pts more than its Rubber peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+1.9+0.4+1.4+0.1+1.7

Next day

+1.9+1.8+0.1+0.7+1.1

-0.9+0.5-1.4-0.9-0.1

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+1.9+1.4+0.4-0.5+2.4

+1.9+3.2-1.4+0.2+1.7

15d

+33.9+5.4+28.5+1.2+32.6

+59.8+6.4+53.4-1.2+61.0

+78.6+6.3+72.3-2.3+80.9

+70.2-3.6+73.9-15.0+85.3

UpDownMarket · Nifty Microcap 250Sector · Rubber peers, median of 9Pending

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

AI summary

Ameenji Rubber has received a Letter of Acceptance from South Eastern Railway, an Indian Railways unit, for manufacture and supply of Composite Grooved Rubber Sole Plates meeting RDSO specifications. The order is worth around Rs 19.97 crore, to be executed over 12 months. The order is domestic and not a related party transaction.

Likely market impact

Positive: adds a government order worth Rs 19.97 crore to the order book, boosting revenue visibility over the next 12 months.