Advait Energy Transitions touches roof on getting LoA from Solar Energy Corporation of India
Advait Energy Transitions is currently trading at upper limit of Rs. 1562.65, up by 74.40 points or 5.00% from its previous closing of Rs. 1488.25 on the BSE.
The scrip opened at Rs. 1562.65 and has touched a high and low of Rs. 1562.65 and Rs. 1562.65 respectively. So far 2582 shares were traded on the counter.
The BSE group 'B' 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. 990.05 on 23-Jan-2024.
Last one week high and low of the scrip stood at Rs. 1562.65 and Rs. 1407.50 respectively. The current market cap of the company is Rs. 1687.75 crore.
The promoters holding in the company stood at 69.46%, while Non-Institutions held 30.54% stake in the company.
Advait Energy Transitions has received Letter of Award (LoA) from Solar Energy Corporation of India for Product Linked Incentive (PLI) for setting up manufacturing capacities of 200 MW of Alkaline Electrolysers in India under Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche - II). The completion period is 5 years.
Advait Energy Transitions (Formerly known as Advait Infratech) is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields.
