VVIP Infratech bags Rs 104 crore STP order in Haryana
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 3.8 pts less than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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VVIP Infratech received a Letter of Acceptance worth Rs 104 crore from Haryana PHED for building a 60 MLD Sewage Treatment Plant at Devi Nagar. Project includes 2 years capex and 11 years operation and maintenance. Marks entry into Haryana. Standalone order book now Rs 873.65 crore, representing 2-3 years of revenue visibility.
Largest STP order pushes order book to Rs 874 crore, giving 2-3 years revenue visibility and entry into Haryana. Positive for stock.