Oswal Pumps bags Rs 78 Cr rooftop solar order from Bihar discom under PM Surya Ghar

Government or defence orderBusiness Updates View source PDF Explain this filing

OSWALPUMPS · price

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

-2.0%Reaction day

₹306.80

prior close

₹309.40

announcement price

After-mkt

timing

Nifty Microcap 250market+0.1%-2.1% vs market

Compressors Pumps & Diesel Engines peers, median of 13sector-0.4%-1.6% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.6 pts less than its Compressors Pumps & Diesel Engines 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

+0.3

10m

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15m

-1.4

30m

-1.5

Sessions after the filingfrom the prior close

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Reaction day

-2.0+0.1-2.1-0.4-1.6

Next day

-0.9+0.2-1.1-0.4-0.5

-2.9+0.6-3.4+0.7-3.5

-4.9-0.0-4.9+0.5-5.4

-0.1+0.5-0.6-0.1-0.1

-2.2+0.8-3.0-0.5-1.8

-2.5+0.6-3.1-1.5-1.1

15d

-8.8+1.3-10.1-1.6-7.2

-10.3-1.4-8.9-1.4-8.9

-15.3-0.6-14.7-2.5-12.8

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UpDownMarket · Nifty Microcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Oswal Pumps received a Letter of Award from North Bihar Power Distribution Company (NBPDCL) for 20 MW grid-connected rooftop solar projects across 18,089 consumer sites of 1.1 kW each in Darbhanga Circle, Bihar, under the PM Surya Ghar Muft Bijli Yojana. Order value is about Rs. 78 Crore (incl. GST), with additional Rs. 67 Crore long-term energy revenue over 10 years under the RESCO model, totaling about Rs. 145 Crore. Installation to be completed within 9 months of PPA signing, plus 10 years of O&M. Domestic order with no related party interest.

Likely market impact

Strengthens order book with about Rs. 145 Crore cumulative opportunity from Bihar and reinforces position under central rooftop solar scheme.