Receipt of Purchase Order by Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.3 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Cosmic CRF Ltd has secured purchase orders totalling Rs. 1,506.02 lakhs (~Rs. 15.06 crore) from seven Indian Railway divisions. The orders include parts from Southern Railway (Rs. 870.12 lakhs, the largest), South Eastern Railway (Rs. 486.39 lakhs), Central Railway (Rs. 71.04 lakhs), Eastern Railway (Rs. 42.24 lakhs), East Coast Railway (Rs. 19.98 lakhs), Western Railway (Rs. 8.26 lakhs), and West Central Railway (Rs. 7.99 lakhs). The products ordered are railway wagon components such as stiffener plates, coupler rods, body side stanchions, doorway stiffening cross bars, and door assemblies. All orders are domestic in nature with execution timelines ranging from 1 month to 11 months, and none involve related party transactions.
Positive for the company as it diversifies order book across multiple railway zones and adds near-term revenue visibility. Investors should track execution within the tight deadlines, especially since several large orders need delivery within 3-4 months.