Advait Infratech touches the roof on bagging order worth Rs 296 crore

28 Aug 2024 Evaluate

Advait Infratech is currently trading at its upper limit of Rs. 1979.70, up by 94.25 points or 5.00% from its previous closing of Rs. 1885.45 on the BSE.

The scrip opened at Rs. 1875.00 and has touched a high and low of Rs. 1979.70 and Rs. 1870.00 respectively. So far 16959 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 2260.00 on 19-Jul-2024 and a 52 week low of Rs. 352.25 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 2024.90 and Rs. 1852.50 respectively. The current market cap of the company is Rs. 2138.19 crore.

The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 0.01% and 26.52% respectively.

Advait Infratech has received an order for setting up manufacturing capacities of 200 MW of Alkaline Electrolysers in India under Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche - II) by Solar Energy Corporation of India (SECI) on August 27, 2024. Broad consideration or size of the order is Rs 296 crore. The said order is expected to be executed in 5 years. 

Advait Infratech is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields.


Advait Infratech Share Price

1452.15 -76.40 (-5.00%)
22-Nov-2024 16:59 View Price Chart
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