Announced Wed, 16 Sept · 19:12 IST
Praveg gets INR 12.99 Crore event contract from Gujarat Tourism Corp
PRAVEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹254.00
prior close
₹255.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.3-0.5-0.3-3.0-0.7————————
Up moveDown movePending
AI summary
Praveg Limited has received a Letter of Acceptance from Tourism Corporation of Gujarat Limited (TCGL), a Government of Gujarat undertaking, for developing and operating rest shelter facilities for the Parade Contingent at Statue of Unity Area. The contract is worth INR 12.99 Crore plus GST, covering complete setup, infrastructure and operations for 13 days from October 20 to November 1, 2026. Work includes temporary structures, furniture, utilities, manpower and housekeeping.
Likely market impact
New government order boosts short-term revenue visibility. Execution is time-bound over 13 days, carrying concentration and delivery risk.