Subsidiary Rochem bags about INR 16 crore ZLD system order

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

-4.8%Reaction day

₹258.40

prior close

₹260.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-5.0% vs market

Waste Management peers, median of 7sector-1.0%-3.8% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 3.8 pts less 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.8+0.2-5.0-1.0-3.8

Next day

-1.2+1.1-2.3-0.9-0.3

-1.7+1.1-2.8-1.9+0.1

-3.8-0.9-2.9-0.2-3.6

-0.2+1.0-1.1+2.8-3.0

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-0.9+1.4-2.2+2.6-3.4

15d

+49.0+6.2+42.7+6.3+42.7

+27.4+7.1+20.3+8.2+19.2

+10.3+8.0+2.3-1.8+12.1

+2.6+11.2-8.6-7.7+10.3

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

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

AI summary

Concord Enviro Systems' wholly owned subsidiary Rochem Separation Systems (India) has secured an order worth about INR 16 crores from a domestic rail engineering and manufacturing company. The order covers design, supply, installation and commissioning of Zero Liquid Discharge (ZLD) and related water treatment systems, to be executed over 28 weeks. It is not a related party transaction. The company says the order will strengthen its consolidated order book and improve revenue visibility over the execution period.

Likely market impact

Positive for consolidated order book and revenue visibility; strengthens presence in industrial water treatment.