Announced Sat, 27 Jun · 12:54 IST

Received Rs 9.45 Cr service order from ICF Chennai

Govt Defence OrderBusiness Updates View source PDF

KOTIC · price

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▲ 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
-5.8%1-day move
₹165.94
prior close
base price
After-mkt
timing
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-5.8-3.7-4.8-6.2-3.6+0.0+1.2
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AI summary

Kothari Industrial Corporation has received a Letter of Acceptance from Integral Coach Factory (ICF), Chennai, a Production Unit of Indian Railways. The service contract covers hiring of 3 Ton and 5 Ton forklift trucks along with drivers, fuel and associated staff for movement of coach items in Furnishing Division Shops. Total contract value is approximately Rs 9.45 crore. The work is to be completed within 580 days from 27 June 2026. The order is from a domestic government entity and is not a related party transaction.

Likely market impact

Government order worth around Rs 9.45 crore from Indian Railways PSU adds to order book and improves revenue visibility over the next 580 days.