Announced Fri, 17 Jul · 17:00 IST
L1 bidder for Rajasthan water project worth Rs 482 crore
OMINFRAL · price
▲ 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
+1.3%1-day move
₹87.83
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.3-0.1+0.8-1.4-1.3—————
Up moveDown movePending
AI summary
Om Infra is the lowest bidder (L1) for a Rs 482.27 crore government EPC turnkey contract from Rajasthan's Water Resource Department. The project covers dam construction and a pressurized irrigation network under the Andheri Medium Irrigation Project in Baran district, serving about 10,000 hectares. Formal Letter of Intent is still pending completion of internal processes.
Likely market impact
L1 status strengthens order book visibility, but LOI is not yet issued, so execution and revenue recognition remain pending.