Announced Fri, 24 Jul · 12:00 IST
Subsidiary wins order from Siemens Energy India for isolator supply
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S&SPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹344.95
prior close
₹344.60
base price
In-mkt
timing
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AI summary
S&S Power Switchgears' wholly owned subsidiary SSPSE received a purchase order from Siemens Energy India Ltd to supply isolators for the KCC Wagdari project in Maharashtra. Order value is over Rs 8 crores. Delivery is scheduled for the next financial year and the win builds on the company's existing partnership with Siemens.
Likely market impact
Positive - new order worth over Rs 8 crores from a reputed client (Siemens) supports revenue visibility for the next financial year.