ORIENT CERATECH LIMITED has informed the Exchange about Sale of Thermal Power Station (Power Division)

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

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prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-1.5% vs market

Electrodes & Refractories peers, median of 10sector-1.4%-0.7% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 0.7 pts less than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Orient Ceratech Limited's Board has approved the sale of its Thermal Power Station (Power Division) located at the Porbandar plant for Rs 3.75 crore to SS Fabrication, an unrelated party. The power station was a captive unit generating electricity for the company's own production and has been incurring losses (segment loss of Rs 432.76 Lacs in FY2026). The transaction is expected to close within 15 days, with the disposal process completing in approximately 6 months. The company also announced strong FY2026 results with standalone revenue of Rs 405.39 crore (up 22% YoY) and net profit of Rs 18.68 crore, and recommended a dividend of Rs 0.35 per share.

Likely market impact

The divestment of the loss-making power division should improve the company's profitability going forward by eliminating a drag on earnings. The Rs 3.75 crore proceeds provide cash infusion while the sale to an unrelated third party ensures arm's length pricing.