Announced Wed, 16 Sept, 2026 · 11:50 IST
BMW Ventures bags Rs 72.94 cr order from Tata Projects for Adani power project
BMWVENTLTD · price
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Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹52.00
prior close
₹51.98
base price
In-mkt
timing
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+0.1+0.4+3.1+2.9-3.8-1.9-2.7-0.4-2.0+0.3-3.8———
Up moveDown movePending
AI summary
BMW Ventures has secured two purchase orders worth Rs 72.94 crore (inclusive of all taxes) from Tata Projects Limited for supplying TMT Steel FE-550D grade. The steel will be used in the 3x800MW USCTPP-Adani power project. Terms include 100 percent advance payment with GST and delivery within 8 weeks from the purchase order date. This is a domestic order with no related party interest.
Likely market impact
Material order win worth about Rs 72.94 cr with 100% advance payment improves near-term revenue visibility and cash flows.