Rishabh Instruments bags Euro 1 mn order from European electrical supplier
RISHABH · price
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On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and in line with its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Rishabh Instruments has signed a contract worth about Euro 1 million (around Rs 10 Crores) with a leading European electrical equipment supplier for Low Voltage Current Transformers. Deliveries will be split equally between FY26 and FY27. It is a one-time international order with no related party interest.
Positive export order adds about Rs 10 Crores to topline spread across FY26 and FY27. Limited scale but strengthens international presence.