Announced Mon, 20 Jul · 15:59 IST
Cranex gets Rs 5.16 cr NHPC order for EOT crane refurbishment
Business Updates View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.8%1-day move
₹87.00
prior close
₹91.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0+0.6+0.1—+6.8+4.0+3.4+6.9——————
Up moveDown movePending
AI summary
Cranex Limited has received a Letter of Award from NHPC Limited (Chamera Power Station Stage-1) for upgradation and refurbishment of 2 EOT cranes of CPS-1, valued at about Rs 5.16 crore. The order is domestic, not a related party transaction, and is to be executed by January 14, 2027. Promoter group has no interest in NHPC.
Likely market impact
Positive: fresh PSU order strengthens order book; execution deadline gives roughly six months for revenue recognition.