RMC Switchgears bags Rs. 333.80 crore order from PGVCL

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

RMC · 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

+13.1%Reaction day

₹293.45

prior close

₹295.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+12.7% vs market

Other Electrical Equipment peers, median of 49sector+0.0%+13.1% vs sector

On the reaction day the stock moved 12.7 pts more than Nifty Microcap 250 and 13.1 pts more than its Other Electrical Equipment 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

+9.2

10m

+12.5

15m

+9.5

30m

+11.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+13.1+0.4+12.7+0.0+13.1

Next day

+15.8+1.7+14.1-0.1+16.0

+20.9+2.1+18.9-0.2+21.1

+13.4+2.1+11.3-0.1+13.5

+14.5+2.1+12.4+0.9+13.6

-0.7+1.9-2.6+0.5-1.1

-8.7+2.4-11.1+0.5-9.2

15d

-14.4+3.0-17.5-0.2-14.2

-20.6+3.7-24.3-1.2-19.4

-33.6+1.6-35.1-5.5-28.1

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 49Pending

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

AI summary

RMC Switchgears received 12 Letters of Award from Paschim Gujarat VIJ Company Ltd (PGVCL) totaling Rs. 333.80 crore. The turnkey contracts cover conversion of existing 11 kV overhead lines to underground cable networks across subdivisions in Bhavnagar, Anjar, Jamnagar, and Junagadh circles in Gujarat. Execution period is 12 to 18 months after a 45-day commencement. PGVCL is a Gujarat state government power distribution company. No promoter or related party interest.

Likely market impact

Large Rs. 333.80 crore government PSU order materially boosts order book. Positive for revenue visibility over 12-18 months.