Announced Tue, 7 Jul · 18:11 IST
Jayant Infratech wins about 13.32 crore railway electrification work order
Business Updates View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-6.1%1-day move
₹74.00
prior close
₹75.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-6.1+0.3+5.1-1.3-2.2+0.5————
Up moveDown movePending
AI summary
Jayant Infratech has received a Letter of Acceptance from West Central Railway for railway overhead electrification (OHE) work. The contract covers design, supply, erection, testing and commissioning of OHE in the Itarsi-Jhujharpur section, along with power supply arrangements and modification of existing OHE, as part of the Itarsi-Nagpur 3rd line project. Contract value is about 13.32 crore, to be completed within 9 months by April 2027. It is a domestic order with no promoter or related party interest.
Likely market impact
Positive - new government order adds to revenue pipeline and supports operational growth for the next 9 months.