Announced Thu, 17 Sept, 2026 · 14:24 IST
Advance payment received for NATO-spec artillery shells defence order
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
+8.6%1-day move
₹982.00
prior close
₹1005.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.1+0.9+1.1+8.6+14.0+18.1+22.5+16.2+18.1————
Up moveDown movePending
AI summary
Sunita Tools Limited received another tranche of advance payment against its Interim Sales Agreement to supply NATO-spec and Standard 155mm M107 artillery shells under a defence order. Chairman Sanjay Pandey confirmed the company is production ready. The firm, with 36 years in engineering and mould base manufacturing, is expanding into the defence sector alongside aerospace parts and empty artillery shells.
Likely market impact
Positive signal of progress on defence order execution and entry into defence manufacturing segment.