We would like to inform that the Company has received prestigious order for civil work for Rs.16.52 crores from M/s, Silox India Private Limited, Dahej . The information is uploaded in ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 5.0 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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Conart Engineers has secured two civil work orders from Silox India Private Limited, Dahej, totaling Rs. 16.52 crores (excluding GST). The first order, worth Rs. 7.49 crores, is for construction of a 2.7-metre compound wall with barbed wire fencing over ~1.5 km, to be completed within 12 months. The second order, worth Rs. 9.03 crores, covers site grading and earthwork over 34.76 acres (~2.5 lakh cubic metres), to be completed within 6 months. Work on both orders commenced from April 15, 2025. The orders are from a domestic entity, are not related-party transactions, and promoters have no interest in the client.
This is a meaningful new order win that adds to the company's order book and provides revenue visibility over the next 6-12 months. However, the order is from a single private client (not government/defence), so concentration risk should be noted. Shareholders should track execution progress and monitor for further order inflows.