REPL bags Rs 38 crore order from related party for Prayagraj hotel project
REPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 6.3 pts more than its Real Estate related services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
REPL secured a Rs 38 crore work order (plus taxes) from New Modern Buildwell Pvt Ltd for end-to-end design, construction and consultancy of a commercial-cum-hotel project at Navyug Mini Smart City, Prayagraj. Execution timeline is 24 months. The client is a related party (common director and shareholder), but the deal is stated to be at arm's length.
Positive order inflow adds to revenue visibility, but related party nature may draw investor scrutiny.