Ceinsys Tech bags Rs 67 cr LoI from MP Urban Development Directorate

Govt Defence OrderBusiness Updates View source PDF Explain this filing

CEINSYS · price

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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

+3.3%Reaction day

₹911.00

prior close

₹930.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%+1.9% vs market

IT Enabled Services peers, median of 72sector+0.9%+2.4% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.4 pts more than its IT Enabled Services peers, 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

Stock

+0.1

10m

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15m

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30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.3+1.4+1.9+0.9+2.4

Next day

+3.4+1.5+1.9+1.3+2.1

+1.3+0.5+0.8+0.2+1.0

+0.6+1.1-0.5+0.2+0.5

-0.2+0.7-0.8+0.3-0.5

-0.7-0.4-0.2-0.8+0.2

-3.0+0.5-3.5-0.6-2.3

15d

-7.6+0.1-7.7-1.8-5.8

-7.1+3.5-10.6+0.3-7.4

-25.0+5.8-30.9-4.1-20.9

-28.6+2.4-31.0-6.6-22.1

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

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

AI summary

Ceinsys Tech has received a Letter of Intent worth Rs 67.04 crores from the Directorate of Urban Administration and Development, Madhya Pradesh, Bhopal. The work involves selection and appointment of a manpower agency for the Pradhan Mantri Awas Yojana (Urban) BLC vertical in Madhya Pradesh, to be executed over 3 years. The order is domestic and not a related party transaction.

Likely market impact

Positive - sizable government order strengthens order book and provides multi-year revenue visibility for the housing scheme project.