Receipt of work order from Sterling & Wilson Data Center Private Limited, Riyadh (Kingdom of Saudi Arabia)

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

+9.3%Reaction day

₹111.00

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Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+10.0% vs market

Consulting Services peers, median of 18sector-1.9%+11.2% vs sector

On the reaction day the stock moved 10.0 pts more than Nifty Microcap 250 and 11.2 pts more than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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+9.3-0.7+10.0-1.9+11.2

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+10.6+0.2+10.4-1.8+12.5

+18.1+0.5+17.6-0.9+19.0

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UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 18Pending

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AI summary

Techknowgreen Solutions has received a work order worth USD 190,598 (approximately ₹1.6 crore) from Sterling & Wilson Data Center Private Limited, based in Riyadh, Saudi Arabia. The order is for comprehensive environmental project criteria evaluation and implementation for the 'RUH - East Data Center' project. The work is to be executed over 18 months, with no promoter or related party interest involved. This is a foreign (international) order awarded by a private entity, and it represents the company's entry into an overseas data center environmental consulting engagement in the Middle East.

Likely market impact

The order value is relatively modest in absolute terms, so it is unlikely to dramatically move the stock, but it highlights the company's ability to secure international projects in the growing Middle East data center market. For retail investors, this signals expanding geographic reach and expertise in environmental services for large data center infrastructure.