Announced Fri, 17 Jul · 16:22 IST
Prostarm: West Bengal WBMSC cancels L1 status for two UPS tenders
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
-1.1%1-day move
₹127.69
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.1-2.9-4.6-2.2-3.0—————
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AI summary
Prostarm Info Systems has informed that its L1 bidder status for two tenders from West Bengal Medical Services Corporation (WBMSC), Kolkata has been cancelled. The tenders were for supply, installation, testing and commissioning of 10 KVA UPS and 6 KVA single phase online UPS systems. The company had been declared L1 in February and March 2026. No formal order was executed before the cancellation. This removes potential revenue from these government tenders.
Likely market impact
Loss of potential revenue from two government UPS tenders; no order was executed so the immediate financial hit is limited. Negative near-term sentiment.