Ceinsys Tech wins Rs 28.17 Cr order from Rite Water Solutions for substation work

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CEINSYS · price

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

-0.5%Reaction day

₹686.10

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-0.3% vs market

IT Enabled Services peers, median of 78sector-0.5%+0.0% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and in line with its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 78Pending

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

AI summary

Ceinsys Tech has received a Letter of Award worth Rs 28.17 Crores (excluding GST) from Rite Water Solutions (India) Limited. The order covers design, supply, installation, testing, and commissioning of Station RTU, FRTU/Remote IO modules for 125 electrical substations (132/110/100kV) with visibility to SLDC and ALDC, plus a 2-year warranty. Total execution period is 48 months (24 months execution plus 24 months warranty). The order is domestic and not a related party transaction.

Likely market impact

New domestic power infrastructure order worth Rs 28.17 Cr strengthens order book and provides revenue visibility over the 24-month execution period.