Highness Microelectronics gets Rs 1.07 Cr order for Metro TVM displays
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 2.1 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Highness Microelectronics has received a purchase order worth about Rs 1.07 crore (inclusive of taxes and freight) for Ruggedized Displays used in Ticket Vending Machines deployed at Metro and Urban Mobility stations. The order was placed by a domestic technology and automation solutions company. Management said it strengthens the company's position in mission-critical urban mobility infrastructure and reflects customer confidence in its manufacturing capabilities.
Positive order win in the urban mobility segment, though the Rs 1.07 crore value is modest. Reinforces presence in transportation electronics.