BSEChiraharit LtdMediumPositive
Announced Tue, 12 May · 17:47 IST

We wish to inform that Chiraharit Limited has received a Purchase Order from Solarworld Energy Solutions Limited for supply and service of Module Cleaning System.

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Price reaction · full curve 14 horizons · vs prior close
+10.3%1-day move
₹11.26
prior close
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+10.3+12.4+10.2+8.1+6.0+1.9-5.9-11.4-30.7
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AI summary

Chiraharit Ltd has received a purchase order from Solarworld Energy Solutions Limited for the supply and service of a Module Cleaning System. The order is domestic, located in Gujarat, with a total value of Rs.1,49,04,050 (approximately Rs.1.49 crore). The scope includes supply of HDPE pipes and fittings, pumps, and installation and service. The delivery timeline is phased: pipe and fittings supply within 3 weeks, pumps within 6–7 weeks, and full execution and commissioning within 8 weeks. The order is not a related party transaction and the promoter group has no interest in Solarworld Energy Solutions Limited.

Likely market impact

This order adds a new contract to the company's pipeline and signals business development activity, though the stock-level impact will depend on the company's existing revenue base relative to this ~Rs.1.49 crore order.