Announced Fri, 18 Sept · 17:19 IST
Subsidiary bags Rs 161 cr telecom managed services order from Thailand entity
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹61.19
prior close
₹66.66
base price
After-mkt
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AI summary
Methodhub's step-down subsidiary Nemera Technologies has received an order worth about Rs 161 crores from a company registered in Thailand. The order is a two-year Managed Services agreement for maintenance of telecom network infrastructure, valid until July 2028. No promoter or related party interest is involved. Consideration is in Indian Rupees.
Likely market impact
Strengthens international order book and provides revenue visibility for the subsidiary over the next two years.