Loyal Equipments Limited has informed BSE about the receipt of purchase order from Indian Oil Corporation Limited.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.6 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Loyal Equipments Limited has received a purchase order from Indian Oil Corporation Limited (Mathura Refinery) for the supply of Air Fin Cooler Assembly. The total order value is Rs. 7.61 Crores inclusive of GST. The contract is domestic in nature and is to be executed within 8 months. The order has been awarded at arm's length with no related party or promoter group interest involved.
Positive development as it adds a new order from a large public-sector client (IOCL) to the company's order book, providing revenue visibility over the next 8 months. The Rs. 7.61 Crore order size is modest, so the stock impact may be limited unless execution leads to follow-on orders.