Sigma wins INR 208 Cr export order for 40,000 artillery shell bodies

Export Order Hard CurrencyBusiness Updates View source PDF Explain this filing

SIGMAADV · price

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Price reactionminutes from the announcement price · days from the prior close

-3.6%Reaction day

₹435.80

prior close

₹414.05

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.0%-1.7% vs market

On the reaction day the stock moved 1.7 pts less 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.6-2.0-1.7

Next day

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AI summary

Sigma Advanced Systems has won an export contract worth US$21.97 million (about INR 208 crore) to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies to a customer in North America. Execution and deliveries will be completed over six months. The required Export Authorisation from the Department of Defence Production, Ministry of Defence has been obtained. The order marks Sigma's move from fuze manufacturing into full artillery shell body production.

Likely market impact

Significant defence export win, adds to revenue pipeline and strengthens the company's profile as a global munitions manufacturing partner.