RMC Switchgears wins about Rs 23.64 crore order from MAHAVITRAN

Govt Defence OrderBusiness Updates View source PDF Explain this filing

RMC · price

Loading chart…

▲ 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

-4.2%Reaction day

₹305.00

prior close

₹296.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-2.1% vs market

Other Electrical Equipment peers, median of 50sector-1.2%-2.9% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.9 pts less 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

+2.2

10m

+3.2

15m

+2.1

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2-2.0-2.1-1.2-2.9

Next day

-0.2-0.1-0.1-0.0-0.2

-1.3+1.2-2.5+0.9-2.2

-3.6+1.4-5.0+1.1-4.7

-4.3+0.4-4.7-0.2-4.1

-2.4+1.0-3.4-0.0-2.4

-4.6-0.5-4.0+0.0-4.6

15d

-15.4-0.6-14.8-3.0-12.4

+10.2+3.4+6.8-1.4+11.5

-25.6+6.0-31.7-3.8-21.9

-38.5+1.1-39.6-8.9-29.6

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

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

AI summary

RMC Switchgears received a Letter of Award worth about Rs 23.64 crore from MAHAVITRAN, the Maharashtra State Electricity Distribution Company. The order covers designing, supplying, installing and maintaining off-grid DC solar water pumping systems of 3, 5 and 7.5 HP across Maharashtra. The work falls under the central PM KUSUM B Scheme and Magel Tyala Saur Krushi Pump Yojna. It includes 5 years of warranty and remote monitoring.

Likely market impact

Boosts order book and revenue visibility. Positive for growth, though execution spans 5 years.