Subsidiary gets two work orders from IOCL worth Rs 3.77 crore total

Business Updates View source PDF Explain this filing

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

+5.3%Reaction day

₹430.00

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+5.6% vs market

Consulting Services peers, median of 17sector-1.8%+7.1% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 7.1 pts more than its Consulting Services 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.3-0.3+5.6-1.8+7.1

Next day

+11.6+0.8+10.9-0.2+11.9

+13.9+0.9+13.0-0.7+14.6

+11.5+1.8+9.7+0.0+11.5

+9.3+1.5+7.9-1.6+10.9

+7.0+1.7+5.3-1.8+8.7

+4.2-1.1+5.3-2.3+6.5

15d

+11.2+1.0+10.2-2.4+13.5

+1.2+0.4+0.8-2.7+3.9

+5.8+6.4-0.5-4.3+10.1

+41.9+5.5+36.4-5.3+47.2

UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 17Pending

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

AI summary

Qualitek Labs wholly owned subsidiary Interstellar Testing Centre received two domestic work orders from Indian Oil Corporation. First is for 2G Ethanol QC Lab operation and management worth Rs 3.02 crore, second is for testing of water, wastewater, ethanol and process chemicals worth Rs 75.4 lakhs. Both orders run 24 months. No related party interest.

Likely market impact

New PSU contracts add around Rs 3.77 crore revenue over 24 months for the subsidiary, modest order inflow visibility.