NIS Management bags Rs 7.93 Cr skill development project in Odisha

Government or defence orderBusiness Updates View source PDF Explain this filing

Price

Loading chart…

▲ 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

-0.2%Reaction day

₹44.00

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.7% vs market

Other Consumer Services peers, median of 24sector · industry level+0.0%-0.2% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.2 pts less than its Other Consumer Services peers, 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.4-0.7+0.0-0.2

Next day

+9.3+1.7+7.6+0.2+9.1

—+2.1—-0.1—

+9.3+2.1+7.2-0.9+10.2

+8.8+2.1+6.7-1.0+9.8

—+1.9—-0.8—

+4.5+2.4+2.1-1.0+5.6

15d

—+3.0—-1.8—

+4.7+3.7+0.9-4.4+9.1

-9.1+1.6-10.6-7.7-1.4

—————

UpDownMarket · Nifty Microcap 250Sector · Other Consumer Services peers, median of 24Pending

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

AI summary

NIS Management has secured a Rs 7.93 crore skill development project in Odisha under the central government's DDU-GKY scheme. Sanctioned by ORMAS, the 24-month project will train 1,200 rural youth through residential programmes covering training, certification, and placement support. The project strengthens the company's presence in the government-backed skill development sector.

Likely market impact

Positive - new government-backed order adds to revenue pipeline and reinforces skill development vertical, a key focus area for the company.