Bagged Rs 53.33 Cr HVDC Converter Transformer order from Power Grid Corp

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

TARIL · 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

-2.0%Reaction day

₹248.25

prior close

₹246.50

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%-1.8% vs market

Heavy Electrical Equipment peers, median of 29sector-0.5%-1.5% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Smallcap 250 and 1.5 pts less than its Heavy Electrical Equipment 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

+1.4

10m

+1.2

15m

+1.3

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.2-1.8-0.5-1.5

Next day

-4.5-0.8-3.8-1.4-3.2

-3.0-3.0+0.0-4.4+1.4

-1.1-2.0+0.9-3.0+1.9

-3.3-2.7-0.6-3.9+0.6

-2.6-2.2-0.4-3.1+0.5

+22.1-1.0+23.1-1.9+24.0

15d

+16.8-0.1+16.8-3.0+19.8

+30.8+1.3+29.5-1.6+32.4

+3.1-3.2+6.4-5.3+8.4

+16.5-8.3+24.7-15.6+32.1

UpDownMarket · Nifty Smallcap 250Sector · Heavy Electrical Equipment peers, median of 29Pending

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

AI summary

TARIL secured a Rs 53.33 Cr order from Power Grid Corporation of India for repair, erection, testing, and commissioning of a 397 MVA HVDC Converter Transformer, with delivery by next financial year. TARIL claims to be the first Indian private sector firm to bag such an HVDC order, entering a niche global club. The company sees major growth opportunities as India expands HVDC infrastructure for renewable integration and grid modernization.

Likely market impact

Positive: validates capability in high-value HVDC segment with a marquee government client, opening a new growth vertical for the company.