BSEChiraharit LtdMediumPositive
Announced Thu, 9 Apr · 17:33 IST

We wish to inform your esteemed organization that the Company has received a Purchase Order from ICOMM Tele Limited for Supply and Services of MCS.

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▲ 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
+8.4%1-day move
₹8.30
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+8.4+19.2+19.3+19.3+13.9+13.6+18.9+29.4+22.7-1.6
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AI summary

Chiraharit Ltd has received a purchase order worth Rs. 9.54 crore (excluding GST) from ICOMM Tele Limited for the supply and services of MCS (Mobile Communication System). The order involves supply of pipe and fittings as per BOQ with installation and service scope, to be executed within 10 weeks in Andhra Pradesh. This is a domestic order with no related party involvement. Additionally, the company noted that a previous Letter of Award from Greenko AP01 IREP Private Limited for Rs. 10.29 crore has been converted into a formal Purchase Order/Work Order.

Likely market impact

This order represents a meaningful contract win for the small-cap company. Without knowing total revenues, the 9.54 crore order size could be material. The conversion of the Greenko LOA to PO also indicates pipeline conversion, which is a positive operational signal.