Om Power Transmission soars on receiving LoI worth Rs 78.84 crore
Om Power Transmission is currently trading at Rs. 168.70, up by 3.05 points or 1.84% from its previous closing of Rs. 165.65 on the BSE.
The scrip opened at Rs. 171.95 and has touched a high and low of Rs. 174.35 and Rs. 168.25 respectively. So far 13953 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 206.95 on 21-Apr-2026 and a 52 week low of Rs. 150.35 on 05-Oct-2026.
Last one week high and low of the scrip stood at Rs. 174.35 and Rs. 150.35 respectively. The current market cap of the company is Rs. 590.38 crore.
The promoters holding in the company stood at 69.05%, while Institutions and Non-Institutions held 5.33% and 25.62% respectively.
Om Power Transmission has received a Letter of Intent (LoI) worth Rs 78.84 crore (including GST) from Gujarat Energy Transmission Corporation. The LoI is for the supply, erection, testing and commissioning of 220kV D/C Chorania-Salejda Transmission Line on turnkey basis. The order is to be executed within 24 months from the date of LOA.
Earlier, the company had secured a Letter of Intent (LoI) worth around Rs 69.19 crore (including GST) from Gujarat Energy Transmission Corporation.
