NITCONSENitco Limited· Ceramics And SanitarywareHighPositive
Announced Tue, 12 May · 18:50 IST

Nitco Limited has informed the Exchange about Update on another significant Marble Order amounting to INR 66.65 Crores, received from M/s. Prestige Estates Projects Limited

Order Above 5pct RevenueBusiness Updates View source PDF

NITCO · price

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▲ 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
-0.3%1-day move
₹99.29
prior close
₹100.00
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After-mkt
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AI summary

Nitco Limited has received an additional marble supply order worth INR 66.65 Crores (excluding taxes) from Prestige Estates Projects Limited. This brings the aggregate order value from Prestige Estates to approximately INR 347.09 Crores. The order is domestic and will be executed over approximately 12 months. This follows multiple prior disclosures starting December 2024, indicating an ongoing strong relationship with Prestige Estates, a renowned real estate developer. The company describes this as reflecting steady operational execution.

Likely market impact

This is a positive signal showing continued business momentum and a deepening relationship with a major real estate developer. The cumulative order book of INR 347+ Crores provides revenue visibility for the near term.