Announced Fri, 7 Aug · 15:31 IST
Vortex gets 540 ATM order worth Rs.37.79 cr from public sector bank
VAKRANGEE · 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
+0.2%1-day move
₹5.98
prior close
₹6.05
base price
After-mkt
timing
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AI summary
Vortex Engineering, Vakrangee subsidiary, won Rs.37.79 crore order from a leading public sector bank (name withheld) for supplying, installing and maintaining 540 ATMs with UPS units. Contract runs 7 years including 1 year warranty. Repeat order. Vortex has supplied 15,500 plus ATMs to date with 12,000 unit annual manufacturing capacity.
Likely market impact
Positive - meaningful revenue visibility for Vortex subsidiary over 7 years; strengthens ATM order pipeline. Bank name withheld limits full assessment.