NITIRAJNSENitiraj Engineers LimitedHighPositive
Announced Fri, 13 Mar · 14:50 IST

Nitiraj Engineers Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF

NITIRAJ · 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
-3.5%1-day move
₹220.00
prior close
₹219.80
base price
In-mkt
timing
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+1.0+1.0+0.9-0.8-3.5-1.2-1.4-8.4-0.1-3.2-1.5-7.3-8.2-12.7
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AI summary

Nitiraj Engineers Limited has received an order worth ₹8.66 crore (including GST) from the Women Welfare Department, Lucknow (Uttar Pradesh Government). The order is for the supply of 58,237 weighing scales (brand PHOENIX, model PAS-150) for mother and child welfare use, to be delivered within 60 days. The order has been awarded by a domestic government entity, and there is no related party interest involved.

Likely market impact

This is a meaningful government order for Nitiraj Engineers, providing near-term revenue visibility given the 60-day delivery timeline. For a small-cap company, a single order of this size from a state government department is a positive business signal, though investors should track execution and whether similar orders follow.