Intimation regarding Receipt of Order.
Price
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Awaiting price reaction for this filing.
GTV Engineering Ltd has secured two domestic orders valued at INR 3.64 Crores (excluding tax) for manufacturing and supplying foundation parts for gear units. The orders are for NTPC's Nabinagar and Gadarwara projects, both of which are large power sector projects operated by NTPC, a central government public sector undertaking. Delivery will be spread over the next 17 months. The orders are from unrelated domestic entities, with no promoter or related party interest involved.
This is a modest new order win from a government-backed PSU client, providing some revenue visibility over the next 17 months. For a small-cap company, securing NTPC as a client adds credibility, though the order size is relatively small and unlikely to materially move the stock on its own.