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21-08-2024 11:53 AM | Source: Accord Fintech
Advait Infratech gains on bagging order from DGVCL

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Advait Infratech is currently trading at Rs. 1960.00, up by 19.35 points or 1.00% from its previous closing of Rs. 1940.65 on the BSE.

The scrip opened at Rs. 1941.50 and has touched a high and low of Rs. 2010.00 and Rs. 1941.50 respectively. So far 5537 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. 2010.00 and Rs. 1815.00 respectively. The current market cap of the company is Rs. 2111.52 crore.

The promoters holding in the company stood at 69.44%, while Institutions and Non-Institutions held 0.01% and 30.55% respectively.

Advait Infratech has received an order for EPC Work from Dakshin Gujarat VIJ Company (DGVCL) for Southern Gujarat Region on August 14, 2024 for Turnkey Contract (Supply, Installation, Testing and Commissioning) of 11 KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) with its accessories. Broad consideration or size of the order is Rs 20.33 (with GST). The said order is expected to be executed in 12 months. 

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