Announced Wed, 24 Jun · 10:53 IST
New fire fighting order worth Rs 0.76 Cr from POWERGRID project
Price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹67.00
prior close
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AI summary
Shree Marutinandan Tubes has won a work order of about Rs 0.76 Crore (including GST) from Mehta and Associates Fire Protection Systems for fire fighting work at the POWERGRID Kurnool Transmission project in Andhra Pradesh. The scope covers design, supply, installation and commissioning of hydrant, fire detection and alarm, and high velocity water spray systems. Delivery is set for 30 December 2026. The order is domestic and in the normal course of business, with no related party interest.
Likely market impact
Small ticket order, but adds to the fire fighting order book from a government PSU backed project, supporting revenue visibility.