Supreme Infra bags INR 71.30 Cr order for One Forest Avenue project in Powai

Business Updates View source PDF Explain this filing

SUPREMEINF · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.8%Reaction day

₹83.00

prior close

₹85.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.4% vs market

Civil Construction peers, median of 96sector+0.8%+4.0% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 4.0 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-0.0

15m

-0.0

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.8+0.4+4.4+0.8+4.0

Next day

+8.7+0.7+8.0+1.4+7.2

+12.0+1.2+10.9+2.1+10.0

+8.0+0.6+7.4+0.9+7.1

+13.8-0.3+14.1-0.1+13.9

+10.5-0.7+11.2-0.9+11.5

+6.0+2.0+4.0+1.7+4.3

15d

+4.0+2.7+1.3+2.4+1.5

+3.6-2.3+5.9-4.3+7.9

-0.8+0.6-1.4-3.9+3.1

-12.0-8.3-3.8-14.3+2.2

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Supreme Infrastructure India has received a Letter of Intent worth INR 71.30 Crore for excavation and shore piling works at the One Forest Avenue project in Powai, Mumbai. The order is from Brookfield-backed BSS Property Ventures and Rajeshwar Property Ventures. Work covers excavating 450,000 cubic meters of soil and rock and 300mm shore piling at 15 meter average depth. The company called it a significant boost to its order book, aiding ongoing financial restructuring.

Likely market impact

Positive for order book and revenue visibility, but still an LOI and the company is mid-restructuring. Watch execution and conversion.