Nitiraj Engineers Limited has informed the Exchange about Bagging/Receiving of orders/contracts
NITIRAJ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 2.4 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.
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.