Panchmahal Steel gets INR 25.25 cr order from BHEL Ranipet

Govt Defence OrderBusiness Updates View source PDF Explain this filing

PANCHMAHQ · 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

+2.4%Reaction day

₹285.00

prior close

₹285.55

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.7% vs market

Iron & Steel Products peers, median of 104sector+0.3%+2.1% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 2.1 pts more than its Iron & Steel Products 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

+3.3

10m

+3.3

15m

+3.3

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4+0.7+1.7+0.3+2.1

Next day

-1.8-1.0-0.8-1.0-0.8

-4.5-3.6-1.0-3.2-1.3

-10.2-4.5-5.6-4.9-5.3

-9.6-6.8-2.8-7.9-1.7

-8.9-6.4-2.5-7.6-1.3

+2.8pendingpending-5.6+8.4

15d

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 104Pending

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

AI summary

Panchmahal Steel has received a purchase order worth INR 25.25 crore from BHEL - Boiler Auxiliaries Plant, Ranipet for supply of SS Wires. BHEL is a Govt of India undertaking. This follows the company's earlier declaration on Sept 19, 2026 as the Lowest Bidder in a GeM portal bid. No related party interest in the order.

Likely market impact

Positive - new order from a government PSU confirms business pipeline and validates the L1 bid win announced earlier.