Skipper Limited has informed the Exchange about Bagging/Receiving of orders/contracts
SKIPPER · price
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On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 2.0 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Skipper Limited has announced receipt of fresh orders worth Rs. 1,265 crores for multiple Transmission & Distribution (T&D) projects. The orders include 765Kv and 400Kv line projects from a domestic developer, as well as supply of towers and monopoles for T&D projects in Latin American markets. The company highlighted this as a significant milestone reflecting strong technical capabilities and growing customer confidence across geographies. Director Sharan Bansal noted this aligns with increasing investments in transmission infrastructure, grid expansion, and renewable energy integration globally.
This large order win is highly positive for shareholders as it significantly strengthens Skipper's order book, providing revenue visibility for the coming quarters and supporting the company's growth trajectory.