New work order worth Rs 10.41 crore from Maharashtra government

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.2%Reaction day

₹224.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+0.6% vs market

Consulting Services peers, median of 17sector-0.2%+1.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.5 pts more than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+1.2+0.6+0.6-0.2+1.5

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+0.9+0.4+0.5+0.6+0.3

+2.2+0.7+1.5+0.3+1.9

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+36.6+0.7+35.9+2.8+33.8

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+6.2-9.0+15.2-10.6+16.8

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UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 17Pending

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

AI summary

Monarch Surveyors and Engineering Consultants has secured a work order valued at Rs 10.41 crore from the Collector Office, Buldhana (Government of Maharashtra). The contract covers selection of agencies for Licensed Surveyors for the District Superintendent of Land Records. The domestic contract is on a cash basis, with work to commence immediately as per contract timelines.

Likely market impact

Positive - new government contract strengthens order book visibility; supports near-term revenue.