Order from CLW for KAVACH 4.0 equipment worth Rs 287 crores

Govt Defence OrderBusiness Updates View source PDF Explain this filing

QUADFUTURE · 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

+7.9%Reaction day

₹302.50

prior close

₹326.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+8.0% vs market

Cables - Electricals peers, median of 11sector+0.1%+7.8% vs sector

On the reaction day the stock moved 8.0 pts more than Nifty Microcap 250 and 7.8 pts more than its Cables - Electricals 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

-0.5

10m

+1.1

15m

+0.9

30m

+4.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.9-0.1+8.0+0.1+7.8

Next day

+7.8-0.4+8.2-1.1+8.9

+4.7-1.8+6.5-2.3+7.0

+0.6-4.4+5.0-6.4+7.1

+3.2-5.2+8.4-7.7+10.9

+1.9-3.7+5.6-7.6+9.5

-2.1-5.6+3.5-9.6+7.5

15d

-4.2-0.5-3.7-2.1-2.1

+3.1-0.2+3.3-3.4+6.5

-4.1-10.0+5.9-9.4+5.2

+3.4+0.9+2.4+3.4-0.0

UpDownMarket · Nifty Microcap 250Sector · Cables - Electricals peers, median of 11Pending

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

AI summary

Quadrant Future Tek has received and accepted an offer from Chittaranjan Locomotive Works (CLW), a government entity under Indian Railways, for supply, installation, testing and commissioning of 353 Onboard KAVACH Loco Equipment Ver 4.0 along with warranty and long term maintenance. The contract is worth Rs 287.83 crores inclusive of taxes, to be executed within 12 months from the purchase order date.

Likely market impact

Sizeable government order of Rs 287 crores from Indian Railways to be executed within 12 months. Strengthens revenue visibility and order book.