Krystal Integrated Services gains on securing work order worth Rs 65 crore
Krystal Integrated Services is currently trading at Rs 643.95, up by 3.90 points or 0.61% from its previous closing of Rs 640.05 on the BSE.
The scrip opened at Rs 612.00 and has touched a high and low of Rs 653.95 and Rs 612.00 respectively. So far 341 shares were traded on the counter.
The BSE group 'T' stock of face value Rs 10 has touched a 52-week high of Rs 858.35 on 05-Sep-2024 and a 52-week low of Rs 405.50 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs 687.75 and Rs 612.10 respectively. The current market cap of the company is Rs 912.30 crore.
The promoters holding in the company stood at 69.96%, while Institutions and Non-Institutions held 6.06% and 23.98% respectively.
Krystal Integrated Services has been awarded a significant work order from the Maharashtra State Electricity Distribution Company (MSEDCL). The contract, valued at around Rs 65 crore (excluding taxes and duties) for a period of three years, encompasses the provision of Facility Management Services (FMS) and allied services, including the Operation & Maintenance (O&M) of 33/11 kV, 33/22 kV, and 22/11 kV substations or switching stations across the state.
Under this agreement, the company will oversee the seamless operation of MSEDCL’s substations, ensuring system uptime, preventive maintenance, and rapid response to faults or emergencies. The company will deploy experienced technical personnel to maintain critical electrical infrastructure in compliance with stringent safety, quality, and regulatory standards. This initiative is vital to ensuring uninterrupted and safe power distribution to residential, commercial, and industrial consumers across the state.
This strategic win further strengthens the company’s footprint in India’s public utilities sector and underscores its growing reputation as a trusted partner for mission-critical infrastructure management. The contract was secured in the ordinary course of business and adds to the company’s expanding portfolio of public sector engagements.
Krystal Integrated Services is a leading integrated facilities management services company with a focus on healthcare, education, public administration, airports, railways and metro infrastructure, and retail sectors.
