Advait Infratech jumps on receiving order worth Rs 9.75 crore
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Advait Infratech is currently trading at Rs. 399.95, up by 10.65 points or 2.74% from its previous closing of Rs. 389.30 on the BSE.
The scrip opened at Rs. 385.00 and has touched a high and low of Rs. 399.95 and Rs. 371.05 respectively. So far 13500 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 424.00 on 06-Jan-2023 and a 52 week low of Rs. 57.90 on 08-Feb-2022.
Last one week high and low of the scrip stood at Rs. 424.00 and Rs. 331.05 respectively. The current market cap of the company is Rs. 403.31 crore.
The promoters holding in the company stood at 73.52%, while Non-Institutions held 26.48% stake in the company.
Advait Infratech has received an order from Tehri Hydro Development Corporation India (THDCIL) on January 5, 2023 for Design, Engineering, Supply, Installation, Testing, Commissioning and Operation & Maintenance for 3 years of 300kW Capacity Electrolyser & 70kW Capacity fuel cell based Micro-grid system with Hydrogen Production at THDCIL Office Complex, Rishikesh worth Rs 9.75 crore.
Advait Infratech is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields.
