Announced Tue, 23 Jun · 17:58 IST
Prostarm declared L-1 bidder for 4.03 crore UPS order from Karnataka fire services
PROSTARM · 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
-1.6%1-day move
₹141.40
prior close
₹141.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.3-0.4-0.9-1.6-3.4-3.4-4.0-3.1-5.6-8.7-11.7——
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AI summary
Prostarm Info Systems has been declared L-1 (lowest) bidder by Karnataka State Fire and Emergency Services for a 4.03 crore order. Scope covers supply, installation, testing and commissioning of 3 KVA UPS systems with batteries meeting IS 16242 standards. The domestic order must be completed in 60 days. No promoter or related party interest exists in the awarding entity, and the company says this was received in the normal course of business.
Likely market impact
Positive government order win, but the 4.03 crore size is modest and execution must be done within a tight 60-day timeline.