Advait Infratech surges on receiving order for OPGW installation work
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Advait Infratech is currently trading at Rs. 321.95, up by 24.90 points or 8.38% from its previous closing of Rs. 297.05 on the BSE.
The scrip opened at Rs. 306.00 and has touched a high and low of Rs. 323.80 and Rs. 306.00 respectively. So far 20500 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 431.80 on 11-Jan-2023 and a 52 week low of Rs. 83.55 on 08-Jul-2022.
Last one week high and low of the scrip stood at Rs. 323.80 and Rs. 293.00 respectively. The current market cap of the company is Rs. 320.38 crore.
The promoters holding in the company stood at 73.53%, while Non-Institutions held 26.47% stake in the company.
Advait Infratech has received an order for OPGW installation work on May 20, 2023 worth Rs 30.27 crore. The said order is expected to be executed in 15 months from the date of Letter of Award.
Advait Infratech is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields.
