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

-1.0%Reaction day

₹450.30

prior close

₹457.65

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-1.5% vs market

Oil peers, median of 14sector · industry level-0.4%-0.6% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 0.6 pts less 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

-0.1

10m

-1.0

15m

-1.0

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.5-1.5-0.4-0.6

Next day

-2.6+1.4-4.0-0.9-1.7

-0.3+1.5-1.8-1.4+1.0

-0.5+1.3-1.8-0.9+0.4

+1.6+1.3+0.3-0.1+1.7

+0.8+1.8-0.9-0.6+1.4

-0.7+1.2-1.9-0.9+0.1

15d

+4.9+3.1+1.7-0.2+5.0

-4.0-0.8-3.2-3.8-0.2

+19.9-3.5+23.4-5.6+25.5

+8.1-3.7+11.8-8.4+16.5

UpDownMarket · Nifty Microcap 250Sector · Oil peers, median of 14Pending

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

AI summary

Deep Industries Limited has received a Letter of Award from Oil India Limited for hiring one Mobile Workover Rig Package for a period of three years, to be deployed in Rajasthan. The total estimated value of the contract is approximately INR 45.33 crores. The order has been awarded by a domestic entity and is in the ordinary course of business. There is no related party interest involved in this transaction. Oil India Limited is a public sector undertaking under the Government of India.

Likely market impact

This is a positive development for Deep Industries as it adds a sizeable, multi-year revenue stream from a credible government-owned client, providing earnings visibility for the next three years. The stock may see mild positive sentiment, though the order size needs to be assessed relative to the company's overall revenue base.