Subsidiary TMML wins INR 126 cr contract from Kalpataru Projects

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TEGA · price

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▲ 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

+9.7%Reaction day

₹1943.30

prior close

₹1950.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.0%+9.8% vs market

Industrial Products peers, median of 132sector-0.1%+9.8% vs sector

On the reaction day the stock moved 9.8 pts more than Nifty Smallcap 250 and 9.8 pts more than its Industrial Products 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

+0.8

10m

+0.9

15m

+1.0

30m

+4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.7-0.0+9.8-0.1+9.8

Next day

+6.4-0.1+6.6+0.1+6.4

+6.8+0.7+6.1+0.8+5.9

+5.1-0.7+5.8+0.0+5.1

+7.5-0.7+8.3+0.7+6.9

+3.4-2.3+5.7+0.2+3.2

+8.1-2.7+10.7-0.3+8.4

15d

+2.7-2.5+5.2-3.0+5.7

-8.2-6.8-1.3-5.8-2.3

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UpDownMarket · Nifty Smallcap 250Sector · Industrial Products peers, median of 132Pending

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

AI summary

TMML, Tega Industries' wholly owned material subsidiary, secured a contract from Kalpataru Projects International worth INR 126 crore excluding GST. Scope covers design, engineering, manufacture, supply, erection, testing, commissioning and performance guarantee, to be executed over 14 months. Order is from a domestic party with no related party interest.

Likely market impact

Meaningful order win for the material subsidiary, strengthens order book visibility over the next 14 months.