Announced Thu, 20 Aug · 19:06 IST
Order win from VSSC for Gaganyaan motorcase segments worth Rs 30.53 cr
WALCHANNAG · 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-day move
₹224.30
prior close
₹226.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.5+1.2+0.8——————————
Up moveDown movePending
AI summary
Walchandnagar Industries has received an order from Vikram Sarabhai Space Centre (VSSC), a unit of ISRO, for fabrication, proof pressure testing and supply of HS200 Motorcase Segments for India's Gaganyaan human spaceflight programme. The contract is worth Rs. 3,053 lakhs (around Rs. 30.53 crore) plus GST, to be executed over 4 years. Raw material will be supplied by VSSC as free issue material and no extra tooling cost will be paid.
Likely market impact
Positive - new government order from ISRO's VSSC for the Gaganyaan programme strengthens the order book over a 4 year period.