CEWATERBSEConcord Enviro Systems LtdHighPositive
Announced Fri, 29 May · 20:58 IST

Receipt of order by Rochem Separation Systems (India) Private Limited, Material Wholly owned subsidiary of the company of Rs. INR 126 Crores from one of the India''s oldest and most respected ....

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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
₹282.00
prior close
₹286.90
base price
After-mkt
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+0.0-0.6-0.8-1.5-8.4-12.8-9.5-10.0-11.9-9.6+26.2+19.1
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AI summary

Concord Enviro Systems' wholly owned subsidiary Rochem Separation Systems (India) has secured an order worth INR 126 crores from a major domestic steel manufacturer. The order is for the design, engineering, supply, erection, and commissioning of a Zero Liquid Discharge system for a CETP upgradation project. The company states this is India's largest ZLD system by capacity, with 99% wastewater recycling using membrane systems. The order will be executed over 18 months and is expected to strengthen the company's consolidated order book and contribute positively to revenue visibility. The CMD described it as a decade-long partnership maturing into long-term value creation.

Likely market impact

This is a significant order that should boost the company's order book and revenue visibility over the next 18 months, though the exact revenue impact depends on Concord's current annual revenue size.