Major cloud services order worth INR 11.63 crore from Calibo India

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CANARYS · price

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

-1.7%Reaction day

₹28.80

prior close

₹28.35

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-2.8% vs market

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-1.7+1.0-2.8

Next day

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

AI summary

Canarys Automations has secured a 12-month contract from Calibo India Private Limited valued at INR 11.63 crore for AWS, GCP and Azure cloud services and support. The order is domestic, with no related party interest. Management called it a pivotal milestone in their enterprise growth journey and the start of a long-term strategic relationship with a US-region digital and AI products firm.

Likely market impact

Positive: sizeable new revenue from a tier-1 enterprise client on a 12-month engagement. No related party concerns.