Power & Instrumentation (Gujarat) is currently trading at upper limit of Rs. 139.85, up by 2.70 points or 1.97% from its previous closing of Rs. 137.15 on the BSE.
The scrip opened at Rs. 139.85 and has touched a high and low of Rs. 139.85 and Rs. 139.85 respectively. So far 500 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.85 on 16-Aug-2024 and a 52 week low of Rs. 36.53 on 13-Sep-2023.
Last one week high and low of the scrip stood at Rs. 139.85 and Rs. 126.85 respectively. The current market cap of the company is Rs. 176.69 crore.
The promoters holding in the company stood at 52.09%, while Non-Institutions held 47.91% stake in the company.
Power & Instrumentation (Gujarat) has secured major contracts worth Rs 28.41 crore under the Mukhyamantri Ujjawal Jharkhand Yojana (MUJY) for the electrification of un-electrified and partially electrified habitations and households in Sahibganj District, Jharkhand.
Under Contract Part I company will handle the loading, transportation, installation, and commissioning of the electrification infrastructure, ensuring that rural habitations with fewer than and more than 10 households, as well as urban areas, receive reliable electricity. The total contract price for this part is Rs 22.92 crore.
Under Contract Part II company will conduct wide range of activities, including site survey, planning, design, engineering, assembly, manufacturing, testing, and the supply of necessary materials. The total contract price for this part is Rs 5.49 crore.
The projects aim to enhance electrification in both rural and urban areas of Sahibganj District, aligning with the objectives of the Mukhyamantri Ujjawal Jharkhand Yojana to improve living standards through better infrastructure.
Power & Instrumentation (Gujarat) is engaged in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering.
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