Garuda wins Rs 231 crore Mumbai building work order

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

+5.4%Reaction day

₹200.30

prior close

₹215.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+5.9% vs market

Residential Commercial Projects peers, median of 60sector-0.5%+5.9% vs sector

On the reaction day the stock moved 5.9 pts more than Nifty Microcap 250 and 5.9 pts more than its Residential Commercial Projects 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.4-0.5+5.9-0.5+5.9

Next day

+8.8-0.8+9.6-0.6+9.4

+3.4-0.4+3.8-0.5+3.9

+3.4-0.2+3.6-0.7+4.1

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15d

+14.3-1.2+15.5-3.2+17.5

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-20.4-13.9-6.4-19.0-1.4

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 60Pending

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

AI summary

Garuda Construction and Engineering Limited has received a work order worth about Rs 231 crore to construct a rehabilitation building of about 6.17 lakh square feet in Chandivali, Mumbai. The work is to be completed within three years. Total pending orders now stand at about Rs 3,460.78 crore.

Likely market impact

Adds to the order pipeline and should support revenue over the three-year execution period.