GK Energy wins Maharashtra order for 14,000 solar pumps

Govt Defence OrderBusiness Updates View source PDF Explain this filing

GKENERGY · price

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

-2.2%Reaction day

₹95.66

prior close

₹92.31

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%+0.1% vs market

Civil Construction peers, median of 93sector-2.8%+0.6% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.6 pts more than its Civil Construction 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

+1.3

10m

+2.8

15m

+2.6

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-2.3+0.1-2.8+0.6

Next day

+5.6-1.9+7.5-2.5+8.1

+7.5pendingpending-1.2+8.7

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15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 93Pending

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

AI summary

GK Energy received an award from Maharashtra State Electricity Distribution Company for 14,000 5 HP off-grid solar water pumping systems under the state Krushi Pump Yojana. The one-time order is worth Rs. 330.29 crore, including GST, and is to be executed within 60 days of the work order.

Likely market impact

The order could boost revenue and business visibility, while its short execution period creates delivery and working-capital risks.