Announced Sat, 4 Jul · 20:02 IST
Oswal Pumps bags Rs 235.92 Cr order for 10,000 solar pumps from MSEDCL
OSWALPUMPS · 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
+3.2%1-day move
₹409.85
prior close
₹426.00
base price
After-mkt
timing
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+0.9+1.9+3.0+2.0+3.2-0.7+0.0+0.2-0.4-0.8-14.8———
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AI summary
Oswal Pumps received an additional order from MSEDCL for 10,000 off-grid solar water pumping systems worth Rs. 235.92 Crore (incl. GST). The order covers design, manufacture, supply, installation and commissioning of 3HP, 5HP and 7.5HP capacity pumps with 5-year warranty. To be executed within 60 days under PM Kusum B Scheme. Management calls it a repeat order that strengthens the cumulative solar pump order book.
Likely market impact
Positive - boosts revenue visibility from government solar pump scheme. Execution must be completed within 60 days.