BSEConart Engineers Ltd-$· ConstructionHighPositive
Announced Mon, 21 Apr, 2025 · 15:15 IST

We would like to intimate that the Company has received an order for Rs. 16.52 crores for civil work as detailed in the intimation from Silox India Private Limited, Dahej, Gujarat

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+5.0%Reaction day
₹80.92
prior close
₹84.96
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.5%+3.5% vs market
Civil Construction peers, median of 84sector+1.7%+3.3% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.3 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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Reaction day
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Next day
+10.2+2.4+7.9+1.7+8.5
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+15.7+2.4+13.4+1.7+14.1
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+21.5+2.8+18.7+2.1+19.5
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+26.7+0.0+26.6-0.6+27.2
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+22.2-2.3+24.4-3.8+26.0
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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 84Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Conart Engineers has secured a new order worth Rs. 16.52 crores from Silox India Private Limited at Dahej, Gujarat. The order covers two civil work packages: construction of a compound wall (2.7 mtr height with barbed wire fencing across ~1.5 KM) valued at Rs. 7.49 crores with a 12-month completion timeline, and site grading & earthwork for a 34.76-acre plot involving 2.5 lakh cubic meters of filling, valued at Rs. 9.03 crores with a 6-month timeline. Both projects commenced on 15.04.2025. The company has also closed its insider trading window for 48 hours following this disclosure.

Likely market impact

This is a new business win for Conart Engineers, adding Rs. 16.52 crores to its order book and providing revenue visibility over the next 6-12 months. Given Conart's small-cap status, such an order may materially support near-term revenue, though it comes from a single private-sector client.