Announced Mon, 3 Aug · 18:19 IST
Order worth Rs 7.08 crore received from Rashtriya Ispat Nigam Ltd
Price
▲ 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
-3.1%1-day move
₹97.05
prior close
₹99.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.0-2.3-1.3-3.1+2.5+7.7+4.1+3.7+5.6+22.4+4.4——
Up moveDown movePending
AI summary
Simplex Castings has received an order worth Rs. 7.08 crore (excluding GST) from Rashtriya Ispat Nigam Ltd (RINL), a domestic government PSU. The order covers 137 Flash Plate Assembly units and 53 Frame Assembly units, to be completed within 7-8 months. The promoter group has no interest in RINL and it is not a related party transaction.
Likely market impact
New domestic order from a government PSU adds to revenue visibility, though execution must be completed within 7-8 months.