Order Win Boost: Four stocks that may see a reaction today to large contract awards

Shares of Antony Waste Management Ltd., Sanghvi Movers Ltd., GPT Infra Ltd., and Saatvik Green Energy Ltd. will be in focus on Tuesday, December 23, after these stocks announced large order wins after market closing hours on Monday.

Antony Waste Management

For Antony Waste, the company's arm has bagged a ₹330 crore order from the Thane Municipal Corporation for a 10-year period, which marked its second order win over the last one week.

The project is to establish a 600 to 800 Tonnes per day (TPD) mixed solid waste processing plant on a design, build, operate and transfer basis in Bhiwandi, along with its maintenance.

Shares of Antony Waste snapped a three-day winning streak on Monday, after gaining nearly 20% in the previous three sessions.

Saatvik Green Energy

Saatvik Green Energy's unit has received an order for the supply of solar photovoltaic modules from its subsidiary.

The order is valued at ₹486 crore and is supposed to be executed by December next year.

Apart from the order win, Saatvik Green Energy will also be seeing its shareholder lock-in period end today. As many as 2.9 million shares or 2% of the company's outstanding will free up for trade as its lock-in period ends, according to Nuvama Alternative & Quantitative Research.

Shares of Saatvik Green Energy are trading below their IPO price of ₹465 apiece.

GPT Infraprojects

GPT Infra has emerged as the lowest bidder for a ₹670 crore project, it said on Monday. The size is over 50% of its overall market capitalization of over ₹1,300 crore.

This is the fifth order win for GPT Infra that it has announced in the last two weeks. It emerged as the lowest bidder for a ₹199 crore project on December 9, and for a ₹1,740 crore project on December 13 as well.

Shares of GPT Infra are down 25% so far in 2025.

Sanghvi Movers

The renewable subsidiary of Sanghvi Movers won large work orders worth ₹428.72 crore from multiple independent power producers, the company said in its filing.

The EPC works for wind balance-of-plant projects with a combined capacity of 270.6 MW.

Shares of Sanghvi Movers ended 5% higher on Monday, extending their year-to-date advance to 12%.