Announced Fri, 31 Jul · 12:10 IST
Vikran Engineering bags Rs 120.69 Crore POWERGRID GIS substation order
VIKRAN · 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
+1.2%1-day move
₹71.63
prior close
₹71.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+1.9+1.5+1.2+1.2+0.9+1.6+0.2-0.4+2.7-11.9———
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AI summary
Vikran Engineering has secured a Rs 120.69 Crore order from POWERGRID for the 400 kV GIS Substation Extension Package SS-147. The work covers design, engineering, supply, erection and commissioning of Gas Insulated Switchgear at three substations - Magarwada, Vadodara and Rajgarh. The order was awarded through Domestic Competitive Bidding and strengthens the company's presence in the high-voltage transmission EPC segment.
Likely market impact
Positive - adds a marquee central PSU order to the order book, reinforces EPC credentials in high-voltage GIS, supports revenue visibility.