Announced Wed, 17 Jun · 18:26 IST
Sugs Lloyd bags Rs 1.80 cr order from TPSODL for power distribution equipment
Business Updates View source PDF
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
-1.0%1-day move
₹128.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.0+1.6-0.8-3.1-3.5-1.2+17.0+9.8——
Up moveDown movePending
AI summary
Sugs Lloyd received a Letter of Award from TP Southern Odisha Distribution Limited (TPSODL) worth Rs 1.80 crore for supply, installation, testing and commissioning of Fault Passage Indicators and Data Communicator Units for 11 KV and 33 KV power distribution networks. TPSODL is a Tata Power and Government of Odisha joint venture. Delivery is to be completed within 75 days of receiving the release order. The order is domestic and not a related party transaction.
Likely market impact
Small new order; positive for order book but modest in value. Strengthens power distribution equipment business line.