Bigbloc Construction bags Rs 2.21 Cr order from L&T Construction
BIGBLOC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.7 pts less than its Cement & Cement 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.
Bigbloc Construction has secured a purchase order from Larsen and Toubro Limited, Construction for Autoclaved Aerated Concrete (AAC) Blocks worth Rs. 2.21 Crores including GST. The delivery period is 6 to 9 months. This is a domestic order and is not a related party transaction. AAC Blocks are part of the company's core product line. The order is relatively small in absolute value.
Modest order win from a reputed counterparty, supportive of order book but small in size. Limited near-term price impact expected.