Rs 471.92 Cr Order from MGVCL for Power Line Conversion

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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

+4.5%Reaction day

₹732.10

prior close

₹779.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+3.7% vs market

Other Utilities peers, median of 13sector · industry level-0.8%+5.3% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 5.3 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

-0.4

10m

+0.4

15m

+0.4

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5+0.8+3.7-0.8+5.3

Next day

+5.5+1.0+4.4-0.5+5.9

+7.9+1.7+6.2+0.6+7.3

+13.0+0.1+13.0-0.1+13.1

+13.4+0.8+12.6-1.0+14.4

+11.7-0.9+12.6-2.2+14.0

+5.0-4.5+9.5-7.7+12.6

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Utilities peers, median of 13Pending

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

AI summary

Rajesh Power Services received orders worth Rs. 471.92 Crores (incl. taxes) from Madhya Gujarat Vij Company Limited (MGVCL) for converting 11kV overhead lines to Medium Voltage Covered Conductor and underground network at various locations in Gujarat. Turnkey contracts to be executed within 18 months under MGVCL's Robust-III programme. Domestic order, no related party interest.

Likely market impact

Large domestic order worth Rs 471.92 Cr strengthens order book and revenue visibility over 18 months. Positive near-term business signal.