Announced Mon, 15 Jun · 18:25 IST
Subsidiary bags INR 16 cr ZLD order from major steel maker
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
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.