Order worth Rs 6.4 crore from Bihar government for town planning

Govt Defence OrderBusiness Updates View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close

+1.7%1-day move

₹222.00

prior close

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base price

After-mkt

timing

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AI summary

Monarch Surveyors received a Letter of Acceptance worth Rs 6.40 crore from the Urban Development and Housing Department, Government of Bihar for preparing Town Planning Schemes for Multiple Greenfield Satellite Townships in Bihar (Group-2). The order is domestic, on a cash basis, and work will commence immediately as per contract terms.

Likely market impact

Adds to order book and revenue visibility; order size is modest so likely limited immediate impact on stock price.