BSEDMR Engineering LtdMediumPositive
Announced Fri, 19 Dec · 12:29 IST

Intimation of receipt of work order

Price

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+0.0%1-day move
₹42.98
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AI summary

DMR Engineering Ltd has received a work order from Sangamam Power Projects Private Limited for preparing the Detailed Project Report (DPR) of the 99 MW Ting Ting Hydro Project in Sikkim. The contract is for engineering consultancy services, valued at Rs. 74.5 lakh (exclusive of GST), to be completed over 10 months. The order is domestic in nature, and the company confirmed there is no promoter or related-party interest in the awarding entity. The company is listed on the BSE SME platform.

Likely market impact

This is a modest consultancy order that adds to the company's order book but is unlikely to be a material stock-moving event on its own. Investors should watch for larger follow-on contracts, as the DPR stage typically precedes actual project execution which could lead to bigger awards.