Announced Sat, 25 Jul · 10:51 IST
Neueon wins Rs 150 crore tactical communication order from Elcom
NEUEON · price
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Price reaction · full curve 14 horizons · vs prior close
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₹15.70
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AI summary
Neueon Corporation has secured orders worth about Rs 150 crore from Elcom Innovations for tactical communication equipment and solutions. The domestic procurement partnership covers raw material supply with deliveries spread over 12 months, to be completed by July 2027. No related party or promoter interest is involved in the awarding entity.
Likely market impact
Strong order inflow of Rs 150 crore boosts revenue visibility over next 12 months; positive for stock