New orders worth Rs 34.37 cr from PGVCL and RVPNL

Govt Defence OrderBusiness Updates View source PDF Explain this filing

Price

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▲ 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

-0.7%Reaction day

₹873.00

prior close

₹873.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+0.4% vs market

Other Utilities peers, median of 12sector · industry level-1.0%+0.4% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.4 pts more than its Other Utilities 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

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-1.1+0.4-1.0+0.4

Next day

-2.6-0.5-2.1+0.0-2.6

-1.5-0.1-1.4-1.2-0.3

-4.0-1.3-2.7-1.3-2.7

-1.7-2.0+0.3-2.5+0.8

-3.2-1.6-1.6-1.6-1.6

-4.7-1.5-3.1-4.7+0.1

15d

-1.5+2.9-4.4-6.3+4.8

-6.3+3.4-9.7-11.6+5.3

-13.2+2.5-15.7-15.0+1.9

-6.3-0.1-6.2-19.6+13.3

UpDownMarket · Nifty Microcap 250Sector · Other Utilities peers, median of 12Pending

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

AI summary

Rajesh Power Services received orders worth Rs 34.37 crores (incl. taxes) from two state-owned power utilities. PGVCL order of Rs 21.57 cr covers SCADA readiness and RMU rectification across Bhavnagar, Jamnagar and Rajkot circles over 12 months. RVPNL order of Rs 12.80 cr is for converting 220kV Jodhpur-CHB line into underground cable system over 9 months. Both are domestic orders with no promoter or related party interest.

Likely market impact

Positive - Rs 34.37 cr addition to order book from government clients, strengthening revenue visibility with no related party concerns.