Announced Wed, 17 Jun · 10:34 IST
Stanley Lifestyles bags about Rs 7.97 lakh furniture order from ISRO
STANLEY · 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
+4.6%1-day move
₹145.31
prior close
₹148.64
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.3-0.6-0.9+4.6+1.2+3.9+1.5+2.5+3.9+6.0+8.3——
Up moveDown movePending
AI summary
Stanley Lifestyles has received an order from ISRO worth about Rs 7.97 lakh for supply of sofas, tables, beds, bedside tables and puffees for VIP living room and bedroom requirements. The order is domestic, to be delivered in 45-60 days through the Stanley Boutique at Lower Parel. Payment terms include 75 percent advance for made-to-order items and 25 percent balance before delivery. Promoters have no interest in ISRO and it is not a related party transaction.
Likely market impact
Order value of about Rs 7.97 lakh is very small relative to company scale. ISRO is a prestigious client but financial impact is minimal.