Announced Wed, 19 Aug · 15:00 IST
Cranex Ltd wins Rs 1.02 cr order from North Central Railway for 50T EOT Crane
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
+0.8%1-day move
₹88.75
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.8-4.6————————
Up moveDown movePending
AI summary
Cranex Ltd has received a Letter of Award from North Central Railway, Jhansi for manufacture and supply of a 50T EOT Crane along with accessories, valued at approximately Rs 1.02 crore. The order is domestic in nature with no related party interest. Delivery is to be completed by 17 February 2028.
Likely market impact
Small but positive government order from Indian Railways, boosting order book. Revenue to be recognized over the execution period ending February 2028.