Announced Sat, 1 Aug · 16:05 IST
Krishna Defence bags Rs 20 Cr order from Ministry of Defence
KRISHNADEF · 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
+0.4%1-day move
₹1194.70
prior close
₹1206.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.7+1.4+0.4-4.5-0.8-1.2-0.9-1.3————
Up moveDown movePending
AI summary
Krishna Defence and Allied Industries has secured an order worth around Rs 20 crore (inclusive of taxes) from the Ministry of Defence for supply of Special Steel Products. The order is domestic, awarded under general contract conditions, and is scheduled to be executed within 19 months. No promoter or related party interest is involved in the awarding entity.
Likely market impact
Positive - a sizeable defence order from the government strengthens the order book and revenue visibility over the next 19 months.