Announced Wed, 10 Jun · 11:26 IST

Please find the enclosed disclosure

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▲ 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
1-day move
₹67.90
prior close
base price
In-mkt
timing
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-4.3-5.7-10.2-23.4
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AI summary

Shree Marutinandan Tubes Limited has received a work order worth approximately ₹0.4250 Crore (₹42.5 lakhs) including GST from Acline Projects Private Limited. The order is for fire fighting work as part of an EPC project to construct a 50-bedded and 100-bedded Critical Care Block (CCB) and DIPHL at Kupwara, Jammu & Kashmir, executed on a back-to-back basis. The project duration is 6 months with an additional 24-month defect liability period. The order is in the ordinary course of business, is domestic, and does not involve any related party.

Likely market impact

This is a small-value order (under ₹50 lakhs) for the company and is unlikely to materially move the stock or significantly impact financials, though it adds to the company's order book in the government infrastructure space.