PIGLNSEPower & Instrumentation (Gujarat) Limited· Electrical EquipmentHighPositive
Announced Tue, 23 Jun, 2026 · 16:36 IST

Additional Rs 3.72 cr order from Ajmer Vidyut Vitran Nigam under RDSS scheme

Govt Defence OrderBusiness Updates View source PDFExplain this filing

PIGL · 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
-2.2%Reaction day
₹116.50
prior close
₹116.78
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.1% vs market
Other Electrical Equipment peers, median of 49sector-0.0%-2.1% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Other Electrical Equipment 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
5m
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10m
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15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.2-0.1-2.1-0.0-2.1
Next day
-3.3-0.7-2.6-0.8-2.6
2d
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3d
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-3.5+0.2-3.7-1.0-2.5
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1w
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15d
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1m
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2m
-11.9+5.0-16.9-5.7-6.2
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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 49Pending

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

AI summary

Power & Instrumentation (Gujarat) received an additional work order worth Rs 3.72 crores (including taxes) from Ajmer Vidyut Vitran Nigam Limited, a Rajasthan state discom. This takes the total aggregated value to Rs 38.28 crores under the same contract. The order covers supply, erection, installation, testing and commissioning of material and equipment for segregating 11 KV mixed feeders at Salumbar Circle of Ajmer Discom in Rajasthan, under the central government RDSS scheme on a turnkey basis. Execution timeline is 15 months. No promoter or related party interest is involved.

Likely market impact

Strengthens order book from a government-backed discom project, supporting revenue visibility over the next 15 months.