Receipt of order as per attached letter

Business 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

-0.4%Reaction day

₹134.55

prior close

₹147.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.4% vs market

Iron & Steel Products peers, median of 94sector+0.0%-0.5% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.5 pts less than its Iron & Steel Products 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

-7.2

10m

-2.8

15m

-2.8

30m

-2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.1-0.4+0.0-0.5

Next day

+0.4-0.4+0.9-0.6+1.0

-1.2-1.8+0.6-1.2+0.0

-0.6-4.4+3.8-3.8+3.2

-1.9-5.2+3.2-5.0+3.0

-7.9-3.7-4.2-4.0-3.9

-1.3-5.6+4.3-6.0+4.7

15d

-0.8-0.5-0.3-2.8+2.0

-4.9-0.2-4.7-2.3-2.6

+3.0-10.0+13.0-11.1+14.1

+8.5+0.9+7.6+1.5+7.0

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 94Pending

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

AI summary

Remi Edelstahl Tubulars has bagged an order worth Rs. 25.31 Crores (net of GST) for stainless steel welded pipes. The pipes will be used in a wastewater treatment project tied to an environmental upgradation infrastructure initiative. The order has come from a reputed multinational EPC company. The deal was secured in the normal course of business and is not a related-party transaction.

Likely market impact

Positive for the company as it strengthens the order book and supports future revenue. The size of the order is significant for a small-cap firm and could improve near-term business visibility, though the stock reaction depends on the order's share of overall revenue.