Rs 292 crore wind energy work orders won by material subsidiary

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SANGHVIMOV · price

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Price reactionminutes from the announcement price · days from the prior close

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prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+3.1% vs market

Diversified Commercial Services peers, median of 72sector+0.0%+3.6% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.6 pts more than its Diversified Commercial Services 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

Sanghvi Movers said its material subsidiary, Sangreen Future Renewables, received Rs 292 crore in work orders from independent power producers. The domestic orders cover wind turbine foundations, roads, crane platforms, turbine transport and installation, mechanical completion, internal electrical lines and delivery yards. Work is scheduled from Q2 of FY2025-26 to Q1 of FY2026-27.

Likely market impact

The orders could support future revenue and workload, but the earnings impact depends on execution costs, customer payments and project timing.