Lehar Footwears bags OEM order worth Rs 39.70 crores

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Price reactionminutes from the announcement price · days from the prior close

+3.8%Reaction day

₹255.50

prior close

₹260.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+3.0% vs market

Footwear peers, median of 9sector+0.6%+3.2% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 3.2 pts more than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.9

10m

+3.9

15m

+3.8

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.8+0.8+3.0+0.6+3.2

Next day

+0.2+0.1+0.0-1.0+1.2

-1.1+0.0-1.2-0.6-0.6

+0.0-0.6+0.6+1.9-1.9

-3.3-0.9-2.5+0.5-3.9

-2.5+0.2-2.7-0.4-2.2

-0.8+1.2-2.0+0.8-1.6

15d

-4.6+0.7-5.4-2.5-2.2

-2.6-0.4-2.1-2.9+0.3

-19.0+5.2-24.2-6.2-12.9

-18.7+5.4-24.1-11.4-7.4

UpDownMarket · Nifty Microcap 250Sector · Footwear peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lehar Footwears has secured an OEM (Original Equipment Manufacturer) order worth Rs 39.70 crores. The order is for its footwear manufacturing business, where it produces shoes for other brands. This adds to the company's order book and supports upcoming revenue.

Likely market impact

New order boosts revenue visibility and supports growth in the manufacturing business.