Nitiraj Engineers Limited has informed the Exchange about Bagging/Receiving of orders/contracts
NITIRAJ · price
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On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and in line with its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nitiraj Engineers Limited has received a new order from Linkwell Telesystems Pvt Ltd, Hyderabad, for the supply of 9,925 weighing scales (Brand: PHOENIX, Model: NEP-100, 100kg capacity). The total order value is ₹5.32 crore inclusive of GST. The order is from a domestic entity, and the company has no related party interest in the buyer. Execution is required within 4 weeks of receiving the advance payment. The announcement was made under SEBI Regulation 30 disclosure requirements.
The order adds ₹5.32 crore to the order book, providing near-term revenue visibility. The short 4-week execution window suggests quick revenue recognition, though the absolute size appears modest and routine for the company's business.