GRSE wins Rs 1,032 Cr order from ONGC for 4 Platform Supply Vessels

Order Above 5pct RevenueBusiness Updates View source PDF Explain this filing

GRSE · 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

+0.5%Reaction day

₹2581.50

prior close

₹2615.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.4%+0.1% vs market

Aerospace & Defense peers, median of 24sector+1.7%-1.2% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 1.2 pts less than its Aerospace & Defense 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

+0.2

10m

+0.0

15m

+0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.4+0.1+1.7-1.2

Next day

+0.0+1.8-1.8+3.2-3.2

-1.3+2.0-3.3+3.6-4.9

-3.2+2.7-5.8+3.7-6.8

+0.8+2.9-2.1+5.4-4.6

+0.4+2.9-2.4+5.7-5.2

-0.2+3.0-3.2+5.0-5.2

15d

+0.5+3.2-2.7+7.7-7.2

-0.5+3.0-3.5+5.7-6.2

-15.4-0.3-15.1+7.7-23.1

—————

UpDownMarket · Nifty Smallcap 250Sector · Aerospace & Defense peers, median of 24Pending

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

AI summary

GRSE received a Notification of Award from ONGC on 30 Jul 2026 to construct 4 Platform Supply Vessels worth Rs 1,032.07 Crore (including GST). The project must be completed within 48 months from the NOA date. This is a domestic order awarded by ONGC, a government PSU, with no promoter or related party interest. The order is sizeable relative to GRSE's annual revenue base and adds meaningful multi-year revenue visibility.

Likely market impact

Large order boosts order book and provides 4-year revenue visibility. Positive signal for the stock.