Wins Rs 40.92 Cr road and bridge PMC order in Odisha

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

+4.8%Reaction day

₹22.87

prior close

₹24.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+4.7% vs market

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250, 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

+4.8+0.1+4.7

Next day

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15d

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Dhruv Consultancy Services, jointly with Arkitechno Consultants, has received a Letter of Award from Odisha Bridge and Construction Corporation (OBCC) to act as Programme Management Consultant for road and bridge projects in Odisha. The contract is worth Rs 40.92 crore (excluding GST) over 36 months. The company must furnish performance security within 7 days. This is a domestic order from a state PSU, not a related party transaction.

Likely market impact

Positive: Rs 40.92 Cr order from a state PSU gives 36 months of revenue visibility. Performance security deposit due within 7 days.