Bagged order worth Rs 28.72 crore from MSEDCL for solar water pumps

Govt Defence OrderBusiness Updates View source PDF Explain this filing

CROMPTON · price

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

+1.4%Reaction day

₹251.70

prior close

₹251.90

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%+0.5% vs market

Household Appliances peers, median of 21sector+0.4%+0.9% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Smallcap 250 and 0.9 pts more than its Household Appliances 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.4+0.8+0.5+0.4+0.9

Next day

+0.6+1.2-0.6+0.9-0.3

+0.3+0.4-0.1+0.1+0.2

-1.3-0.3-1.0-0.2-1.1

+1.4-0.4+1.8-1.1+2.5

+1.9+0.9+1.0+0.3+1.6

+2.9+2.3+0.6+0.6+2.3

15d

+3.1+3.6-0.5-0.4+3.5

-0.4-1.0+0.6-6.3+5.9

+5.0-0.1+5.1-3.7+8.7

-2.2-6.1+3.9-6.6+4.4

UpDownMarket · Nifty Smallcap 250Sector · Household Appliances peers, median of 21Pending

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

AI summary

Crompton Greaves Consumer Electricals received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for design, manufacture, supply, installation, testing and commissioning of 1,214 Solar Water Pumping Systems across Maharashtra under the MTSKPY/PM-KUSUM scheme. Order value is about Rs 28.72 crore excluding GST. Execution timeline is within 60 days from Notice to Proceed. The order is from a domestic government entity and is not a related party transaction.

Likely market impact

Small ticket government order adds to rural solar pumps book; modest positive for the pumps business but not material to overall financials.