Subsidiary bags INR 16 cr ZLD order from major steel maker

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Price reactionminutes from the announcement price · days from the prior close

+11.5%Reaction day

₹270.55

prior close

₹272.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+11.0% vs market

Waste Management peers, median of 6sector+0.8%+10.8% vs sector

On the reaction day the stock moved 11.0 pts more than Nifty Microcap 250 and 10.8 pts more than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+0.8

15m

+4.5

30m

+7.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+11.5+0.6+11.0+0.8+10.8

Next day

+20.7+1.7+19.0+2.4+18.3

+27.1+2.1+25.0+2.6+24.5

+29.5+3.0+26.5+6.9+22.7

+31.6+3.8+27.7+6.8+24.8

+38.6+3.1+35.5+7.8+30.8

+30.0+2.4+27.7+6.5+23.5

15d

+13.9+1.3+12.6+1.7+12.2

+18.3+3.9+14.4+1.1+17.2

+0.9+7.4-6.5-3.9+4.8

-4.3+5.6-9.9-15.4+11.1

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

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

AI summary

Concord Enviro's wholly owned subsidiary Rochem Separation Systems has secured a INR 16 crore order from a leading integrated steel manufacturer for designing, manufacturing, supplying, erecting and commissioning wastewater treatment and Zero Liquid Discharge systems at their Cold Rolling Complex. The domestic order is to be executed over 12 months and is expected to strengthen the company's consolidated order book and revenue visibility. The transaction is not a related-party deal.

Likely market impact

Positive for consolidated order book and revenue visibility over 12-month execution; reinforces ZLD capabilities.