Announced Mon, 10 Aug · 14:54 IST
Receives Rs 24.03 Cr LOI from Gujarat Energy Transmission Corp
OMPOWER · 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
-0.4%1-day move
₹169.50
prior close
₹169.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4+0.1+0.9+0.9-0.4-5.4+1.2+1.5-0.9-2.4————
Up moveDown movePending
AI summary
Om Power Transmission has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited for supply, laying, erection, testing and commissioning of 5.17 KM of 66 kV underground cable. Contract value is Rs 24.03 Crores (incl. GST), to be executed within 12 months from the date of commencement. Promoters have no interest in the awarding entity and it is not a related party transaction.
Likely market impact
Positive. New domestic order from a state-owned utility adds to order book and revenue visibility, though absolute size is modest.