Power & Instrumentation (Gujarat) is currently trading at its upper limit of Rs. 217.65, up by 10.35 points or 4.99% from its previous closing of Rs. 207.30 on the BSE.
The scrip opened at Rs. 217.65 and has touched a high and low of Rs. 217.65 and Rs. 212.85 respectively. So far 65374 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.65 on 07-Oct-2024 and a 52 week low of Rs. 38.96 on 10-Nov-2023.
Last one week high and low of the scrip stood at Rs. 217.65 and Rs. 179.10 respectively. The current market cap of the company is Rs. 349.83 crore.
The promoters holding in the company stood at 40.95%, while Non-Institutions held 59.05% stake in the company.
Power & Instrumentation (Gujarat) (PIGL) has successfully completed a key project for the Government of India’s Department of Atomic Energy, Nuclear Fuel Complex (NFC), Kota. The project, valued at Rs 10.18 crore with an actual execution value of Rs 10.80 crore, involved the designing, engineering, supplying, installation, testing, and commissioning of high-voltage Diesel Generator (DG) sets, AMF & Synchronizing Panels, and Switchboards, among other critical electrical systems.
The Nuclear Fuel Complex commended PIGL for its excellent performance in key areas, including quality of work, technical expertise, resourcefulness, and financial soundness. NFC also recognized PIGL’s capability to meet the technical demands of this critical project, ensuring uninterrupted power supply to the nuclear facility while adhering strictly to safety standards.
This project held strategic importance, as the Nuclear Fuel Complex plays a key role in fuelling India’s nuclear reactors. The systems installed by PIGL are critical to ensuring the safety and seamless operation of the NFC. PIGL’s high-voltage DG sets and power systems guarantee the facility’s continuous operation, even during power outages.
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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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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