Niraj Cement Structurals bags Rs 82.66 Cr order from MMRDA

Govt Defence OrderBusiness Updates View source PDF Explain this filing

NIRAJ · price

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

-1.8%Reaction day

₹35.99

prior close

₹37.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%-0.7% vs market

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

+1.1

15m

+0.9

30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.8-1.1-0.7

Next day

-3.9-3.5-0.4

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15d

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-18.0-9.8-8.3

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Niraj Cement Structurals Limited, executing the work as a joint venture, has received an order from Mumbai Metropolitan Region Development Authority (MMRDA) worth Rs 82.66 Crores including GST. The scope covers providing connectivity from SGMC monorail station to Mahalaxmi metro and suburban station through a foot overbridge with travellator. The order is domestic, to be executed over 12 months. Promoter group has no interest in MMRDA.

Likely market impact

Sizeable government order lifts order book and revenue visibility over the next 12 months for this small-cap company.