Announced Thu, 22 Oct, 2026 · 20:55 IST

Safety Controls receives Rs. 10.157 crore UPPTCL power contract

Govt Defence OrderBusiness Updates View source PDFExplain this filing

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Civil Construction peers, median of 93sector-2.8%-2.6% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 2.6 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

U.P. Power Transmission Corporation Ltd., a Uttar Pradesh government undertaking, awarded Safety Controls & Devices Ltd. a Rs. 10.157 crore contract for engineering, supply, erection and commissioning of one 220kV GIS bay and one 33kV GIS bay at Lucknow's Kanpur Road substation. The work includes commissioning a UPPTCL-supplied 60MVA transformer and must finish within six months. The value includes 18% GST, with delay charges capped at 5%.

Likely market impact

The order provides future work and may support the stock, but profit depends on costs and timely completion; no profit guidance was given.