Deep Industries bags INR 108 crore order from GAIL India

Govt Defence OrderBusiness Updates View source PDF Explain this filing

DEEPINDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+4.0%Reaction day

₹353.00

prior close

₹348.55

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.0%+1.9% vs market

Oil peers, median of 15sector · industry level+3.8%+0.2% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 0.2 pts more than its Oil 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

+2.3

10m

+3.0

15m

+3.0

30m

+3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+2.0+1.9+3.8+0.2

Next day

+4.7+1.6+3.1+1.3+3.4

+5.1+3.5+1.6+3.9+1.2

+4.0+2.2+1.8+1.0+3.0

+9.3+6.0+3.3+3.9+5.4

+18.8+7.4+11.5+4.3+14.5

+13.3+5.5+7.9+2.8+10.5

15d

+8.8+7.1+1.7+1.1+7.7

+3.9+1.3+2.5+5.5-1.7

+21.8-8.1+29.9-6.3+28.1

+38.0+12.1+25.9+10.9+27.1

UpDownMarket · Nifty Microcap 250Sector · Oil peers, median of 15Pending

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

AI summary

Deep Industries has received a Notification of Award from GAIL (India) Limited worth about INR 108 crores. The contract is for hiring of Compression facility at RT-USAR Plant, to be executed over 880 days (around 2.4 years). GAIL is a Government of India PSU. The order is domestic and not a related party transaction.

Likely market impact

Positive - sizable new order from a reputed PSU client strengthens revenue visibility over the next 2-3 years.