Announced Tue, 7 Jul · 15:01 IST
Raunaq International wins Rs 18.10 Cr orders from Ambuja Cements
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹26.70
prior close
₹26.58
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0———+5.2+10.4+16.0+21.7+27.8+40.9————
Up moveDown movePending
AI summary
Raunaq International received two Letters of Award from Ambuja Cements Limited worth Rs 18.10 Crores total (excluding taxes). The orders cover supply, erection, testing and commissioning of raw water pipelines and associated equipment at Ambuja Cements Maratha facility in Chandrapur, Maharashtra. Order 1 is Rs 10.85 Cr and Order 2 is Rs 7.25 Cr. Both must be completed within 10 months from the effective date of May 11, 2026. The orders are domestic with no related party interest.
Likely market impact
Positive for order book and near-term revenue visibility over 10 months; adds to pipeline EPC business from a major cement client.