Annu Projects bags Rs 5.04 crore railway cable laying order from East Central Rly

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ANNU · price

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Price reactionminutes from the announcement price · days from the prior close

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₹52.95

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%+1.6% vs market

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AI summary

Annu Projects has received a Letter of Acceptance from East Central Railway, Samastipur Division in Bihar, for laying optical fiber cable and 6 quad cable in SHC-SRGR and SKI-JYG sections, plus setting up alternate communication at stations. Order value is Rs 5.04 crore, to be completed in 12 months. Domestic order, no promoter or related party interest.

Likely market impact

Adds Rs 5.04 crore to order book from government railway client. Modest size, supports revenue visibility.