Announced Thu, 9 Jul · 18:29 IST
Ceinsys Tech bags Rs 67 cr LoI from MP Urban Development Directorate
CEINSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.4%1-day move
₹911.00
prior close
₹930.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.5-0.1+0.2+3.4+1.3+0.6-0.2-0.7-3.0————
Up moveDown movePending
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.