Subsidiary bags orders worth Rs. 1302.45 Lakhs from infrastructure client

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

+3.4%Reaction day

₹1266.60

prior close

₹1260.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+3.1% vs market

Iron & Steel Products peers, median of 104sector+0.0%+3.4% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+1.1

15m

+1.4

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+0.3+3.1+0.0+3.4

Next day

+3.3-1.3+4.6-1.6+4.9

+0.9-0.3+1.2-1.7+2.6

+0.3-0.6+0.8-1.2+1.5

+0.7-1.8+2.5-3.4+4.1

-1.7-1.8+0.1-3.4+1.7

-1.9-0.8-1.1-2.5+0.6

15d

-14.2-4.1-10.0-5.0-9.2

-29.6-9.4-20.3-11.2-18.5

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 104Pending

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

AI summary

Subsidiary N.S. Engineering Projects has secured purchase orders worth Rs. 1302.45 Lakhs from an infrastructure company in Kolkata. The orders are for cold formed Z sheet piles in different sizes and grades, to be executed within 3 to 6 months. All orders are domestic and no promoter or group company has interest in the client.

Likely market impact

Positive revenue visibility for the subsidiary; domestic order, not related party, execution within 6 months.