HEC Infra Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF Explain this filing

HECPROJECT · price

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

-4.3%Reaction day

₹120.00

prior close

₹113.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-5.4% vs market

Civil Construction peers, median of 95sector+0.4%-4.7% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 4.7 pts less 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

+8.8

10m

+5.3

15m

+6.1

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3+1.0-5.4+0.4-4.7

Next day

-4.6+1.0-5.5+0.4-5.0

-6.7-1.7-4.9-1.6-5.1

-5.0+0.6-5.6-0.0-5.0

-6.1+0.5-6.6-0.2-5.9

-7.8+0.2-7.9-0.5-7.3

-7.3-3.3-4.0-3.9-3.4

15d

-12.3-4.0-8.3-7.4-4.8

-9.8-0.8-8.9-3.2-6.6

+6.7+14.8-8.2+14.3-7.6

+2.4+17.9-15.4+6.5-4.1

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

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

AI summary

HEC Infra Projects has bagged a Rs. 100 crore turnkey work order from Dakshin Gujarat Vij Co. Ltd. (DGVCL), a state-owned power distribution company, in joint venture with Advait Energy Transitions Ltd. The scope involves supply, installation, testing and commissioning of 11 KV medium voltage covered conductors and additional poles in DGVCL's jurisdiction under the government's Kishan Suryodaya Yojna (KSY) scheme. The project is to be executed over 18 months. The company stated this is a domestic order with no related party interest. Management indicated plans to bid for similar projects with private and government entities in other states going forward.

Likely market impact

This is a sizeable government-backed order that strengthens the company's order book and provides revenue visibility over the next 18 months. For a small-cap company like HEC Infra, a Rs. 100 crore contract is materially significant and could positively influence investor sentiment, though execution and JV revenue sharing will determine the actual benefit to shareholders.