New construction order worth Rs 18.15 Cr from Rajalakshmi Institute of Technology

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₹27.84

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-4.0% vs market

Civil Construction peers, median of 99sector+0.6%-3.2% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 3.2 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

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AI summary

Popular Foundations Limited has received a new domestic work order worth Rs 18.15 Crores (excluding GST) from Rajalakshmi Institute of Technology for Super Structure construction of G+7 floors with terrace at RIT-Homi Bhabha Block Phase III, Kuthambakkam, Chennai. The project must be completed within 380 days from 22.09.2026. No promoter or related party interest exists in the awarding entity.

Likely market impact

Adds Rs 18.15 Cr to order book, supporting near-term business growth and revenue visibility.