Oswal Pumps wins Rs 380 Cr solar pump order from MSEDCL under PM Kusum B

Govt Defence OrderBusiness Updates View source PDF Explain this filing

OSWALPUMPS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+6.4%Reaction day

₹499.90

prior close

₹509.00

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%+6.0% vs market

Compressors Pumps & Diesel Engines peers, median of 12sector+0.7%+5.7% vs sector

On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 5.7 pts more 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

+4.2

10m

+5.5

15m

+4.2

30m

+4.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.4+0.4+6.0+0.7+5.7

Next day

+5.6+0.7+4.9+1.1+4.4

+9.6+1.2+8.4+1.8+7.8

+13.2+0.6+12.7+0.7+12.6

+6.8-0.3+7.2-0.7+7.5

+6.0-0.7+6.7-0.3+6.3

+7.0+2.0+5.1+1.9+5.1

15d

+5.8+2.7+3.2+3.7+2.1

-8.0-2.3-5.7-1.1-6.9

-28.4+0.6-29.0+0.0-28.4

-36.7-8.3-28.4+1.6-38.3

UpDownMarket · Nifty Microcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 12Pending

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

AI summary

Oswal Pumps has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited for 13,738 Off-Grid DC Solar Photovoltaic Water Pumping Systems of 3HP, 5HP, and 7.5HP capacity. The order is valued at about Rs 380 Crore including GST and must be executed within one year under the central government's PM Kusum B Scheme. Work covers design, manufacturing, supply, installation, testing, commissioning, and five years of warranty and remote monitoring.

Likely market impact

Strong order boosts revenue visibility. Government-backed order improves execution confidence. No related party conflict disclosed.