Announced Fri, 3 Jul · 19:03 IST
Subsidiary Mehru bags INR 15.70 cr order from Hitachi Energy for 400 KV Transformers
Business Updates View source PDF
QPOWER · 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
-1.9%1-day move
₹1135.00
prior close
₹1119.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-0.1+0.8+1.8-1.9-2.3+1.7+6.8+6.3+7.0-3.2———
Up moveDown movePending
AI summary
Quality Power's material subsidiary Mehru Electrical and Mechanical Engineers has received multiple orders from Hitachi Energy India Limited for supply of 400 KV Instrument Transformers. The total order value is approximately INR 15.70 crores (exclusive of taxes). The orders are domestic and to be executed over about 12 months. There is no promoter group or related party interest in Hitachi Energy.
Likely market impact
Positive - new order win from reputed client Hitachi Energy adds to subsidiary order book, execution spread over 12 months.