Continental Petroleums Ltd bags Rs 32.64 Cr order for developing power distribution infrastructure at Jhalawar in Rajasthan

Government or defence orderBusiness Updates View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+3.1%Reaction day

₹124.20

prior close

₹127.65

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+2.5% vs market

Refineries & Marketing peers, median of 11sector+0.5%+2.6% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 2.6 pts more than its Refineries & Marketing 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

+0.4

10m

+0.5

15m

-0.5

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1+0.6+2.5+0.5+2.6

Next day

+1.4+0.5+1.0-0.1+1.6

+2.4+0.8+1.6+0.1+2.3

+0.4+1.2-0.8-0.1+0.5

-0.8+1.5-2.2-0.6-0.2

-2.2+1.6-3.8-0.7-1.5

-1.8+1.8-3.6-0.5-1.3

15d

+1.0+3.3-2.2-2.2+3.3

-3.0+3.1-6.1+0.9-3.9

+3.1+2.3+0.8-2.7+5.8

-9.8+0.2-10.0-6.2-3.7

UpDownMarket · Nifty Microcap 250Sector · Refineries & Marketing peers, median of 11Pending

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

AI summary

Continental Petroleums Ltd has won a Rs 32.64 crore order from Jaipur Vidyut Vitran Nigam Limited, a Rajasthan government power distribution company, to develop power distribution infrastructure at Jhalawar on a turnkey basis. The work involves development of distribution infrastructure for segregation of 11KV mixed feeders under the Revamped Reforms-Based and Results-Linked Distribution Sector Scheme. A Letter of Intent has been awarded to the company. The management highlighted that power transmission and distribution EPC is a core focus area and this order will boost topline and strengthen their presence in the EPC segment nationally.

Likely market impact

Positive for the company — adds a new government-backed EPC order to the order book, providing revenue visibility and reinforcing management's stated focus on expanding the power T&D EPC business beyond its core lubricants segment.