BSESGL Resources LtdMediumPositive
Announced Fri, 17 Apr · 17:56 IST

We wish to inform you that the Company has received an order from one of the leading IT company for supply of IGIS Suite, Desktop and customized GIS web application development and GIS ....

Business Updates View source PDF

Price

Loading chart…

▲ 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
+4.4%1-day move
₹3.39
prior close
₹3.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3-1.1-0.3-0.3+4.4+9.4+14.5+19.2+18.0+6.5-7.4-11.8-11.5-18.9
Up moveDown movePending
AI summary

SGL Resources Ltd has received a domestic order worth Rs. 88.50 Lakhs from Technosys Integrated Solutions Pvt. Ltd. The order involves supply of IGIS Suite, Desktop software, customized GIS web application development, and GIS-based integration services. The contract is to be executed within one year. This is a software and application purchase order and does not involve any related party transactions or promoter interest in the awarding entity.

Likely market impact

A moderate positive development for the company as it secures a new software contract. However, the order size of Rs. 88.50 Lakhs is relatively small, suggesting limited direct impact on stock price unless the company has a much smaller revenue base.