PROSTARMNSEProstarm Info Systems LimitedMediumPositive
Announced Thu, 12 Jun · 20:30 IST

Prostarm Info Systems Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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PROSTARM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prostarm Info Systems has received a work order worth Rs. 1.61 crore (Rs. 1,60,89,075) from India1 Payments Limited for the supply and installation of UPS systems and servo stabilizers. The contract is domestic in nature and is to be executed between July and September 2025. The company has clarified that the order is not a related party transaction and promoters have no interest in the awarding entity.

Likely market impact

This is a modest, short-tenure order worth about Rs. 1.61 crore. It is a positive commercial update but is a routine business order and not large enough on its own to materially move the stock. Investors should watch for further order wins to gauge growth momentum.