S&S Power Switchgears Limited has informed the Exchange about Bagging/Receiving of orders/contracts
S&SPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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S&S Power Switchgears' wholly-owned subsidiary Hamilton Research & Technology (HART) has received a Letter of Intent from Giza Systems Free Zone, Egypt, for supply of a Pot Control System and associated technology for Aluminium Smelter operations. The order is valued at over ₹30 Crores and is described as one of the largest international contracts awarded to HART. Project implementation will begin in the current financial year, with completion targeted over 36 months. The contract involves no related-party interest and is awarded by an international entity.
This is a material order win for a small-cap company, with the order size likely being significant relative to revenue and strengthening the order book visibility over the next 3 years. The international nature of the contract signals capability validation in global markets, which could be a positive trigger for the stock.