Awarded 51.3 MW solar power projects worth Rs. 175 crores from MP govt

Government or defence orderBusiness Updates View source PDF Explain this filing

SURANAT&P · price

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

+5.6%Reaction day

₹20.13

prior close

₹23.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+6.2% vs market

Power Generation peers, median of 26sector-0.4%+6.0% vs sector

On the reaction day the stock moved 6.2 pts more than Nifty Microcap 250 and 6.0 pts more than its Power Generation 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

-3.3

10m

-4.3

15m

-5.7

30m

-5.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.6-0.5+6.2-0.4+6.0

Next day

+3.7-1.1+4.8-1.1+4.8

-0.9-1.8+0.9-2.0+1.1

+0.3-1.9+2.2-2.1+2.4

+0.7-0.5+1.3-0.4+1.1

-0.7-0.3-0.4-0.4-0.3

+0.0+0.9-0.8+0.9-0.9

15d

-4.4-4.3-0.1-6.0+1.6

-13.3-9.3-4.0-11.1-2.2

-10.2-5.4-4.8-6.3-3.9

-16.8-13.7-3.1-14.7-2.1

UpDownMarket · Nifty Microcap 250Sector · Power Generation peers, median of 26Pending

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

AI summary

Surana Telecom and Power received 8 Letters of Award for 51.3 MW solar power projects under PM KUSUM-C Scheme in Madhya Pradesh. Awarded by MP Urja Vikas Nigam (a Govt. of MP enterprise) along with MNRE. Estimated investment of Rs. 175 crores, 12 months to commission, 25-year contract with O&M. Tariff of Rs. 2.74 per KWh with central subsidy support.

Likely market impact

Positive order win adds Rs. 175 crores project pipeline with 25-year revenue visibility. Supports small-cap growth, though execution and funding remain key risks.