Receives Rs 69.18 Cr LOI from Gujarat Energy Transmission Corp

Government or defence orderBusiness Updates View source PDF Explain this filing

OMPOWER · price

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

+7.4%Reaction day

₹154.30

prior close

₹162.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+7.7% vs market

Civil Construction peers, median of 99sector-0.2%+7.7% vs sector

On the reaction day the stock moved 7.7 pts more than Nifty Microcap 250 and 7.7 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

-1.6

10m

-1.2

15m

-1.2

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.4-0.2+7.7-0.2+7.7

Next day

+6.5-3.0+9.5-2.6+9.1

+5.8-2.7+8.5-2.3+8.0

+6.9-1.9+8.8-1.7+8.6

+5.4-1.7+7.2-1.4+6.8

+5.2-1.0+6.2-0.4+5.6

+5.3-2.0+7.3-1.3+6.6

15d

-18.9-6.6-12.2-6.7-12.2

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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 Power Transmission received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for supply, erection, testing and commissioning of a 220kV D/C Prantij-Jantral transmission line on turnkey basis. Contract value is Rs 69.18 crores inclusive of GST. Execution period is 24 months from the date of Letter of Award. The order is domestic and not a related party transaction.

Likely market impact

New domestic order from a state PSU adds Rs 69.18 Cr to order book; positive revenue visibility over 24 months.