Receipt of Letter of Award from M/s. Tripura Urban and Planning Authority.

Government or defence orderBusiness Updates View source PDF Explain this filing

Price

Loading chart…

▲ 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

+4.6%Reaction day

₹74.41

prior close

₹78.13

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+4.0% vs market

Civil Construction peers, median of 89sector+0.3%+4.2% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 4.2 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

+0.0

10m

-0.2

15m

-0.3

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.6+0.5+4.0+0.3+4.2

Next day

+4.1+1.2+2.9+0.6+3.5

+3.8+0.9+2.9+0.7+3.1

+1.5+1.3+0.2+0.8+0.6

-2.6+0.6-3.1+0.5-3.1

-3.2+0.3-3.5-0.4-2.9

-7.3-1.1-6.1-2.3-5.0

15d

-15.2-2.6-12.6-3.1-12.1

-12.6-1.9-10.7-4.4-8.3

-7.9-1.0-7.0-6.1-1.8

-32.8-6.7-26.1-11.6-21.2

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 89Pending

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

AI summary

Oval Projects Engineering Ltd, through a joint venture (51% stake with Raviraj Bokadia Creative holding 49%), has received a Letter of Award from the Tripura Urban Planning and Development Authority (TUDA), a government body. The project involves improvement of roads and storm water drainage systems in Khowai, Ranirbazar, and Mohanpur (a cluster of towns in Tripura). The order is valued at approximately Rs. 58.25 crore. The company notes this is its third major project, further strengthening its order book in the infrastructure development space.

Likely market impact

Positive for shareholders as the Rs. 58.25 crore government order boosts the company's order book and reinforces its position in infrastructure projects. This is the third major win, which may provide revenue visibility and support the stock sentiment in the near term.