Announced Fri, 3 Jul · 15:32 IST
Latteys bags Rs 22 Cr solar pump order from MSEDCL
LATTEYS · price
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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹20.99
prior close
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base price
After-mkt
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————-2.0-4.7-2.3-2.8-1.4-4.7-4.7———
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AI summary
Latteys Industries has received an order worth Rs. 22 Crores (excluding GST) from Maharashtra State Electricity Distribution Company Limited for 994 off-grid DC solar photovoltaic water pumping systems. Scope covers design, manufacture, supply, transport, installation, testing and commissioning, to be completed within 180 days. Order is from a domestic government entity with no related party interest.
Likely market impact
Positive order win from a state government utility, adding Rs 22 Cr to order book; supports revenue visibility, though execution must wrap up within 180 days.