Announced Thu, 13 Aug · 14:12 IST
CFF Fluid Control bags Rs 27.85 Cr submarine equipment order from Mazagon Dock
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
+1.4%1-day move
₹1007.00
prior close
₹1020.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.0——+1.4-2.0-2.7-3.0-1.4—————
Up moveDown movePending
AI summary
CFF Fluid Control Limited has secured a contract worth around Rs 27.85 Crores (including tax) from Mazagon Dock Shipbuilders Limited for the supply of submarine equipments. The domestic order requires delivery by August 2027. Mazagon Dock is a Government of India owned defence shipyard. Promoters have no interest in the awarding entity and it is not a related party transaction.
Likely market impact
Positive: sizeable defence PSU order from Mazagon Dock boosts order book and revenue visibility through August 2027.