Chiraharit gets Rs 4.5 cr order from VSL Green Power for solar facility

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.7% vs market

Civil Construction peers, median of 102sector-0.4%+0.8% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.8 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Chiraharit Limited has received a purchase order worth Rs 4.50 crore (excluding GST) from VSL Green Power Private Limited for supply of pipes and fittings and installation services for a solar cell and solar module manufacturing facility in Tamil Nadu. The order is domestic, not a related party transaction, and involves no promoter interest. Delivery will follow the purchase and service order schedule.

Likely market impact

Positive order win adding about Rs 4.5 crore revenue from domestic solar sector client; size appears modest for the company.