Announced Mon, 6 Jul · 17:41 IST
SWPE gets LOA from CMPDI for coal exploration worth 5.89 Crore
SOUTHWEST · price
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Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹221.11
prior close
₹220.26
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.2+2.2+2.2+2.5+3.6+4.5+2.4+0.9+0.4+1.3————
Up moveDown movePending
AI summary
South West Pinnacle Exploration received a Letter of Award from CMPDI, a Mini Ratna PSU and wholly owned subsidiary of Coal India, for detailed coal exploration services in Jharkhand. Total contract value is about 5.89 Crores including GST. Work must be completed within 180 days and revenue will be booked in the current financial year, helping strengthen the company order book.
Likely market impact
New order from Coal India subsidiary adds to order book with revenue in current FY. Small contract size limits material impact.