HEG subsidiary Replus Engitech wins Rs 217.56 Crore order from Indus Towers

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HEG · price

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

+4.8%Reaction day

₹237.05

prior close

₹243.85

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.0%+4.9% vs market

Electrodes & Refractories peers, median of 9sector-0.8%+5.6% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Smallcap 250 and 5.6 pts more than its Electrodes & Refractories 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

+1.5

10m

+2.1

15m

+2.1

30m

+1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.8-0.0+4.9-0.8+5.6

Next day

-2.5-0.1-2.4-0.2-2.3

+0.7+0.7+0.0-0.3+1.0

-0.5-0.7+0.2-0.2-0.3

+3.3-0.7+4.0-0.2+3.6

+2.0-2.3+4.3-2.9+4.9

+0.1-2.7+2.7-2.9+3.0

15d

-3.4-2.5-0.9-3.6+0.3

-11.5-6.8-4.7-8.6-2.9

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UpDownMarket · Nifty Smallcap 250Sector · Electrodes & Refractories peers, median of 9Pending

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

AI summary

HEG subsidiary Replus Engitech has received orders from Indus Towers worth Rs 217.56 Crore (inclusive of GST) for supply of Lithium-Ion Battery Banks. Execution deadline is March 31, 2027. This is a domestic order and not a related party transaction. The filing is a revised disclosure to correct an earlier omission where 'Crore' was not mentioned after the amount.

Likely market impact

Adds Rs 217.56 Crore revenue visibility for HEG subsidiary through a new battery business line with a major telecom infrastructure client.