BSEDMR Engineering LtdMediumPositive
Announced Sun, 22 Mar · 13:52 IST

Intimation of receipt of work order

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

DMR Engineering Ltd has received a work order from Him Urja Private Limited for preparing a Detailed Project Report and providing Design and Engineering Consultancy Services for the 24 MW Ralam Simpu Udiyar Hydroelectric Project in Uttarakhand. The base contract is worth Rs. 1.25 crore (excluding GST) and is to be executed over 24 months. An additional optional scope covering Hydro-Mechanical and Electro-Mechanical works worth Rs. 40 lakh is also part of the order, taking the total potential value to Rs. 1.65 crore. The order is domestic, and there are no related party interests involved. The company is listed on the BSE SME platform.

Likely market impact

A modest but positive new business win for the small-cap company, adding visibility to its order book and strengthening its presence in the hydroelectric consulting space. The contract size is small, so the immediate stock price impact is likely limited unless it signals larger pipeline opportunities.