L1 bid confirmed for Rs 113 Cr MGVCL power infrastructure order

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

VIVIANA · 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

+3.5%Reaction day

₹690.00

prior close

₹666.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+3.1% vs market

Civil Construction peers, median of 99sector-0.6%+4.1% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 4.1 pts more than its Civil Construction 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

+6.0

10m

+4.4

15m

+4.6

30m

+5.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5+0.4+3.1-0.6+4.1

Next day

+1.5+0.5+0.9-0.6+2.1

+2.5+0.6+1.9-1.2+3.7

+0.7+0.7-0.0-1.3+2.0

+1.4+1.1+0.3-1.8+3.2

+0.7+0.5+0.2-2.5+3.2

+1.1+1.3-0.2-2.0+3.1

15d

+9.3+0.5+8.8-3.1+12.3

+3.6-0.8+4.5-5.3+9.0

+22.5-0.9+23.4-10.2+32.6

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

Viviana Power Tech confirmed as L1 successful bidder for Rs 113 Crores (inclusive of taxes) project under MGVCL ROBUST-III scheme. Work covers conversion of HT 11 KV overhead lines to MVCC conductors and underground networking in Petlad and Nadiad divisions of Madhya Gujarat. Order book rises to over Rs 1400 Crore, strengthening the company's power transmission and distribution EPC portfolio.

Likely market impact

Positive - adds Rs 113 Cr to order book now over Rs 1400 Cr, boosting revenue visibility. Formal Letter of Award to follow.