eduinvesting Piotroski Terminal Old website US Stocks

Orders won

What a company just won, against what the whole company is worth — and, on the other tab, what a regulator just took off it.

The exchange says an order arrived and never says how big it is. Only 8% of order captions carry a figure; the rest state it inside the attached PDF, so every one of these is read out of the document the company filed. The sentence it was read from is printed under each row, because a ratio like this is worth nothing if you cannot check it.

About half of all orders are not here, on purpose. A figure is taken only where the filing attributes it to the order in plain words, and never where it sits beside a running total — one company announced a ₹484 crore order in a letter that also quotes its ₹4,992 crore order book, and the larger number is not this order. A screener whose whole claim is “this order is bigger than the company” may not overstate the top of the fraction, so anything unattributable is left out rather than guessed at.

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