Deep Industries Limited has informed the Exchange about Awarding of order(s)/contract(s)

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

-0.4%Reaction day

₹382.00

prior close

₹358.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+0.4% vs market

Oil peers, median of 15sector · industry level-2.3%+1.9% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.9 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

+5.1

10m

+6.6

15m

+6.3

30m

+6.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.7+0.4-2.3+1.9

Next day

+0.4+0.2+0.1-0.3+0.6

+0.5+0.5+0.0+0.6-0.1

-1.6-0.9-0.7+0.8-2.3

-1.8-1.0-0.8+4.2-6.0

-3.1-0.9-2.2+3.4-6.5

-7.6-2.0-5.6+3.5-11.1

15d

-8.9-6.9-2.0+1.6-10.5

-8.8-10.5+1.7-3.8-5.0

+25.9+1.5+24.3+3.9+22.0

+16.2+3.8+12.4+10.2+6.0

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 Letter of Award from Oil India Limited, a government-owned oil and gas major, for hiring a 1000 HP mobile drilling rig package to be deployed in Assam and Arunachal Pradesh. The contract is valued at approximately INR 148 crores and runs for a period of four years. Oil India Limited is a domestic public sector entity, and the contract is in the ordinary course of business with no related party involvement. This adds a long-tenure revenue stream from a creditworthy government counterparty to the company's order book.

Likely market impact

Positive for the stock — the award provides multi-year revenue visibility and reduces business risk, though execution will depend on deployment timelines and working capital needs for the rig.