Creative Newtech zooms on securing advance work order along with consortium partner
Creative Newtech is currently trading at Rs. 725.00, up by 92.10 points or 14.55% from its previous closing of Rs. 632.90 on the BSE.
The scrip opened at Rs. 759.45 and has touched a high and low of Rs. 759.45 and Rs. 724.55 respectively. So far 48032 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 796.00 on 15-Dec-2025 and a 52 week low of Rs. 524.10 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 759.45 and Rs. 603.05 respectively. The current market cap of the company is Rs. 1,088.03 crore.
The promoters holding in the company stood at 56.62%, while Institutions and Non-Institutions held 1.30% and 42.08% respectively.
Creative Newtech, together with its consortium partner, has received an Advance Work Order (AWO) from Bharat Sanchar Nigam (BSNL), acting on behalf of Digital Bharat Nidhi, Department of Telecommunications, Government of India. With a total project value of around Rs 3,194.83 crore, the order covers the design, supply, construction, installation, upgradation, operation and maintenance of the BharatNet Middle Mile Network in the Odisha Telecom Circle.
As part of the Government of India’s flagship BharatNet programme, the Odisha BharatNet project will help power a stronger digital backbone for the state’s rural and underserved regions. By upgrading Odisha’s middle mile telecom infrastructure, it is expected to improve digital access for citizens, businesses and institutions, while supporting e-governance, digital education, healthcare services, enterprise growth, public services, wider digital inclusion and social development.
The project will bring together network creation, infrastructure modernisation and longterm operations under one integrated scope. The consortium will build new infrastructure, upgrade existing networks to ring topology, establish a State Network Operations Centre, and deploy advanced networking, fibre monitoring and network management systems. It will also support retail, enterprise and wholesale services, backed by optical fibre infrastructure, IP-MPLS equipment, power systems and last mile connectivity solutions across thousands of locations in Odisha.
For Creative Newtech, the project strengthens its presence in large public sector technology programmes and deepens its capabilities across infrastructure deployment, technology integration, project governance and long term managed services.
