L1 bidder for Chhattisgarh barrage project worth Rs. 569 crores

Govt Defence OrderBusiness Updates View source PDF Explain this filing

OMINFRAL · price

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

+4.0%Reaction day

₹86.70

prior close

₹92.01

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+5.3% vs market

Civil Construction peers, median of 99sector-0.8%+4.8% vs sector

On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 4.8 pts more than its Civil Construction 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

Stock

+2.6

10m

+2.6

15m

+2.8

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0-1.3+5.3-0.8+4.8

Next day

+3.3-0.8+4.1-0.4+3.6

+1.4-1.4+2.8-0.8+2.2

+2.9-0.3+3.3-0.7+3.7

+6.3+1.0+5.3+0.0+6.3

+4.4+1.5+2.9-0.1+4.4

+3.2+3.1+0.1+0.1+3.1

15d

+0.3+4.1-3.7-3.2+3.6

-4.2+4.8-9.0-2.7-1.5

-9.0+3.1-12.1-7.7-1.3

-23.9-3.6-20.3-14.5-9.3

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

Om Infra declared lowest bidder (L1) for Mohmela Sirpur Barrage Project in Chhattisgarh by the state Water Resources Department. The Rs. 568.98 crore contract covers barrage construction, pipe irrigation network, and 5 years of operation and maintenance on Mahanadi River in Raipur district. Company is awaiting the formal Letter of Intent to begin execution, adding a sizeable project to its order book.

Likely market impact

Significant order win strengthens order book; positive for revenue visibility. Awaiting LOI before execution begins.