Announced Thu, 2 Jul · 16:01 IST
Contract extension from MPMMCC BHU worth around Rs 32 crores
SBC · 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
-0.3%1-day move
₹42.19
prior close
₹42.74
base price
After-mkt
timing
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-1.0-1.1-1.1-1.6-0.3-0.1-0.7-0.0+0.4+0.3-0.2———
Up moveDown movePending
AI summary
SBC Exports received an extension of its existing manpower services contract with Mahamana Pandit Madan Mohan Malaviya Cancer Centre (MPMMCC) at BHU, Varanasi, a government-run cancer hospital. The extension is valued at about Rs 32 crores and runs from July 1, 2026 to December 31, 2026. It was granted due to satisfactory past performance at the same rates and terms as the original contract. The order is domestic and not a related party transaction.
Likely market impact
Positive as it secures about 6 months of revenue continuity at existing rates, signaling client satisfaction. No related party concerns.