Announced Tue, 18 Aug · 18:11 IST
Nibe Limited subsidiary wins Rs 12.15 crore order from MSEDCL
NIBE · 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
+4.8%1-day move
₹1439.80
prior close
₹1449.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.5-1.4-1.2+4.8+3.0————————
Up moveDown movePending
AI summary
Nibe Space Pvt Ltd, subsidiary of Nibe Limited, received Letter of Award worth Rs 12.15 crore (excluding GST) from MSEDCL, a Government of Maharashtra undertaking. Project involves GIS-based survey, mapping and digital data preparation of MSEDCL's electrical distribution network in Pune and Kokan region. To be delivered in tranches over 42 months.
Likely market impact
Adds Rs 12.15 crore revenue over 42 months for the subsidiary. Positive for order book; no promoter conflict.