Announced Mon, 15 Jun · 18:39 IST
Subsidiary bags INR 16 cr order for wastewater treatment from steel major
Business Updates View source PDF
CEWATER · price
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Price reaction · full curve 14 horizons · vs prior close
+20.7%1-day move
₹270.55
prior close
₹272.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.8+4.5+7.4+20.7+27.1+29.5+31.6+38.6+30.0+13.9+18.3——
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AI summary
Rochem Separation Systems, a wholly owned subsidiary of Concord Enviro, has secured a INR 16 crore domestic order from a major integrated steel manufacturer. The order covers design, supply, and commissioning of Wastewater Treatment and Zero Liquid Discharge (ZLD) systems at the client's Cold Rolling Complex. Execution period is 12 months. The order is expected to strengthen the company's consolidated order book and boost revenue visibility.
Likely market impact
Positive for order book and revenue visibility over 12-month execution; reinforces ZLD capability credentials.