Announced Thu, 6 Aug · 11:06 IST
New tug construction order from Denmark's Svitzer
SWANDEF · 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
+5.1%1-day move
₹2565.00
prior close
₹2599.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-0.0—+5.1+1.8+1.4-4.4-4.7-6.4————
Up moveDown movePending
AI summary
Swan Defence has received a Category 2 order (order value between Rs. 251 and 750 crore) from Svitzer A/S, a Denmark-based towage operator, for building four advanced TRAnsverse 3200 tugs. The order is not a related party transaction. This adds an international client to the company order book.
Likely market impact
Positive for order book and revenue visibility; export order from a global towage operator signals international demand.