Nitco wins Rs 19.44 crore tiles and marble order

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NITCO · price

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

-1.7%Reaction day

₹116.50

prior close

₹117.44

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.5% vs market

Ceramics peers, median of 10sector+0.9%-2.5% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.5 pts less than its Ceramics 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

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 10Pending

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

AI summary

Nitco received domestic purchase orders worth Rs. 19.44 crore from Prestige Estates Projects and Lodha Group for tiles and marble. The orders may be executed over about 12 months. This follows earlier disclosures that Prestige-related orders totaled about Rs. 261 crore.

Likely market impact

The order supports revenue visibility and confirms demand from major developers, but execution timing, costs and margins were not disclosed.