Announced Sat, 20 Jun · 23:36 IST
KMEW bags ₹66.11 Cr IWAI order for 10 hybrid electric ferries
KMEW · 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
+12.7%1-day move
₹2074.90
prior close
₹2125.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.2+3.1+4.3+4.1+12.7+11.1+8.4+7.7+11.2+12.7+13.1+16.3——
Up moveDown movePending
AI summary
KMEW consortium with subsidiary KSPL received a ₹66.11 Cr work order from Inland Waterways Authority of India (Government) to design, build, and commission 10 hybrid electric passenger ferries (20 passengers each) in 10 months, followed by 60 months of maintenance. Marks KSPL's first external commercial government shipbuilding order and entry into green vessel manufacturing.
Likely market impact
New government revenue stream; strengthens order book, validates green shipbuilding strategy, and adds long-term recurring income from 60-month maintenance.