Marble City India Ltd obtains a substantial order for supply of Italian Marble.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Marble City India Ltd has received an order from Larsen & Toubro Limited for the supply of Italian Marble. The order is valued at INR 3.25 Crores and is to be executed by 31st May 2025. Payment terms are 30 days from receipt of material at site. The order is domestic in nature, and there is no related-party interest from the company's promoters or group companies. L&T is a major infrastructure and construction company in India, so this order likely ties into one of its construction projects.
This is a modest, time-bound order that adds to the company's order book but is unlikely to materially move the stock on its own. However, repeat business or larger follow-on orders from a reputed client like L&T could be positive for future revenue visibility.