Announced Tue, 11 Aug · 18:19 IST
Expo Engineering bags Rs 18.51 Cr order from Indian Oil for tank maintenance
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹80.00
prior close
₹81.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——-2.0—+3.6+0.4+5.1+3.7+2.9+6.3————
Up moveDown movePending
AI summary
Expo Engineering and Projects has secured a work order worth Rs. 18.51 crore (inclusive of GST) from Indian Oil Corporation, Western Region Pipelines Division, Rajkot. The scope covers maintenance and inspection of crude oil storage tank W-08 at WRPL Viramgam in Gujarat. Execution timeline is 11 months from the date of site clearance. The order is from a domestic government-owned PSU and there is no promoter or related party interest involved.
Likely market impact
Adds about Rs 18.51 Cr of revenue visibility over 11 months from a strong PSU client, supportive of the order book.