Business Update

Business Updates View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.4%Reaction day

₹257.00

prior close

₹257.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+1.5% vs market

IT Enabled Services peers, median of 71sector-1.1%+1.5% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.5 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-1.1+1.5-1.1+1.5

Next day

-4.6-3.5-1.2-3.0-1.6

-4.9-1.6-3.3-2.7-2.2

-4.9-2.2-2.7-3.1-1.8

—-1.8—-2.9—

-0.4-1.5+1.1-2.4+2.0

+4.5-1.6+6.1-1.9+6.4

15d

-3.9-2.0-1.9-3.2-0.7

+24.2+0.7+23.5-2.7+26.9

+52.3-3.8+56.1-8.9+61.2

+49.6-9.8+59.4-19.4+69.0

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 71Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sattrix Information Security Ltd has received an order worth Rs. 75 lakhs from one of the globally recognized 'Big 4' consulting firms. The order is for supply of professional services related to Security Operations Center (SOC) implementation. The contract is domestic in nature, to be executed over a period of 6 months, with a 30-day payment term. There is no related party interest in the awarding entity, and the transaction is not a related party deal.

Likely market impact

Positive development as getting business from a Big 4 firm adds credibility and brand value, though the order size of Rs. 75 lakhs is relatively modest and its impact on overall revenue will depend on the company's existing order book and scale of operations.