Lokesh Machines wins Rs 3.14 crore Indian Army order

Govt Defence OrderBusiness Updates View source PDF Explain this filing

LOKESHMACH · price

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

-4.6%Reaction day

₹361.30

prior close

₹345.35

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%-2.3% vs market

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250, 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

-1.2

10m

-1.2

15m

-0.9

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-4.6-2.3-2.3

Next day

-3.3-1.9-1.3

+6.3-0.2+6.5

+5.8pendingpending

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15d

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Lokesh Machines received a domestic supply order worth Rs 3,13,57,320, including taxes, from HQ Eastern Command of the Indian Army for 9 MM Carbine Machine Guns. It follows the company's September 2024 delivery to Northern Command.

Likely market impact

The order adds to potential revenue and may support investor sentiment, but delivery schedules and profit margins were not disclosed.