Praveg: Update to earlier intimation dated September 16, 2026 regarding receipt of the Letter of Acceptance (LoA)…
Praveg (BSE: PRAVEG) said it has received an order. The company is valued at about ₹577 crore.
What happened
Praveg (BSE: PRAVEG) informed the stock exchanges on 28 October 2026 at 04:31 PM that it has received an order.
From the filing: "Update to earlier intimation dated September 16, 2026 regarding receipt of the Letter of Acceptance (LoA) from Tourism Corporation of Gujarat Limited (TCGL)."
Company snapshot
Praveg is a micro-cap company, with a market value of about ₹577 crore.
The stock last traded at ₹220.6, against a 52-week range of ₹210.4–₹325 (32.1% below the high).
Before this filing the shares had moved −15.5% over the month and −26.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.96 crore.
Promoters held 46.18% at the end of Q1 FY27, up 0.12% points from the previous quarter. Foreign institutions owned 1.83% and domestic institutions 3.79%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 29 | -6.6 | -2.51 |
| Q2 FY26 | 26 | -10.1 | -3.88 |
| Q3 FY26 | 74 | 8.5 | 3.25 |
| Q4 FY26 | 54 | -3.9 | -1.49 |
| Q1 FY27 | 30 | -13.3 | -5.09 |
What history shows
This is not the company's first order win disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.6% on average the next trading day and was up 2.1% on average after five days (2 filings with price data).
Market-wide, 2,056 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 16 Sept 2026 | Pursuant to Regulation 30 of the SEBI (Listing Obligations and… | −2.6% | +2.1% |
| 16 Sept 2026 | Pursuant to Regulation 30 of the SEBI (Listing Obligations and… | −2.6% | +2.1% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.