Power & Instrumentation (Gujarat) Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Order above 5% of revenueBusiness Updates View source PDF Explain this filing

PIGL · 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

+2.0%Reaction day

₹157.73

prior close

₹154.57

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+1.2% vs market

Other Electrical Equipment peers, median of 38sector+0.4%+1.6% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.6 pts more 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

+0.0

10m

+0.0

15m

+0.0

30m

+4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.8+1.2+0.4+1.6

Next day

-0.0+0.7-0.7-0.3+0.2

+2.0+1.3+0.6-0.8+2.8

+7.0+1.9+5.1-1.1+8.1

+12.4+1.8+10.6-0.5+12.9

+18.0+2.2+15.9+1.0+17.1

+9.0+2.8+6.2+1.5+7.5

15d

-1.2+6.3-7.4+4.1-5.2

-11.1+2.0-13.1-2.9-8.2

-22.0+7.6-29.5-0.2-21.8

-5.8+4.1-9.9-3.2-2.6

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 38Pending

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

AI summary

Power & Instrumentation (Gujarat) Limited (PIGL) has received a work order valued at Rs. 24,77,19,489 (including GST), roughly Rs. 24.77 crores. The order is from Nyati Engineering & Construction Private Limited and involves design, supply, installation, testing, commissioning, and handover of the power supply and electrical system at the Udaipur Air Terminal in Rajasthan. The project must be completed within 6 months from the award date. The order is a domestic, arm's-length contract with no related party interest or promoter group connection to the awarding entity.

Likely market impact

This is a meaningful new order for PIGL and represents a sizeable addition to its order book, likely supporting near-term revenue visibility. Investors may view it positively given the airport infrastructure nature of the project, though execution within the tight 6-month timeline will be a key thing to watch.