Sigma gets Rs 155 Cr anti-drone patrol orders from Home Ministry

Govt Defence OrderBusiness Updates View source PDF Explain this filing

SIGMAADV · 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

+5.0%Reaction day

₹627.10

prior close

₹627.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.6% vs market

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250, 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

+5.0

10m

+5.0

15m

+5.0

30m

+5.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+5.0+0.4+4.6

Next day

+10.2-0.2+10.5

+5.9+0.3+5.6

+9.4+0.6+8.8

+5.1+0.8+4.3

+10.5+0.4+10.1

+21.8+0.7+21.0

15d

+23.9+2.0+21.9

+38.5+0.7+37.7

+45.1-3.4+48.4

———

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Sigma Advanced Systems, via its consortium with Indrajaal Autonomous Defense Systems, secured about Rs 155 crore in orders from India's Ministry of Home Affairs for Indrajaal Ranger anti-drone patrol vehicles. This includes Rs 145 crore for border security deployments and Rs 10 crore for urban police use including VVIP protection. The ARDTC-approved Ranger is India's first purpose-built anti-drone patrol vehicle, marking India as the first country to establish anti-drone patrolling of border and urban areas at government scale.

Likely market impact

Major defence order win from Home Ministry boosts order book and positions company in the fast-growing homeland counter-drone security segment.