South West Pinnacle Exploration gains on bagging work orders worth Rs 16.93 crore

South West Pinnacle Exploration is currently trading at Rs 130.70, up by 2.40 points or 1.87% from its previous closing of Rs 128.30 on the BSE.
The scrip opened at Rs 132.90 and has touched a high and low of Rs 132.90 and Rs 129.95 respectively. So far 102 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52-week high of Rs 167.95 on 10-Dec-2024 and a 52-week low of Rs 95.60 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs 134.00 and Rs 125.00 respectively. The current market cap of the company is Rs 389.88 crore.
The promoters holding in the company stood at 68.85%, while Institutions and Non-Institutions held 0.12% and 31.03% respectively.
South West Pinnacle Exploration (SWPE) has been awarded two significant work orders for Coal Exploration and services related thereto. The aggregate value of work orders is around Rs 16.93 crore (including GST).
The company has received first order from M/s JSW Energy (Utkal) for imparting Coal Exploration and related services including survey and geophysical logging in the state of Odisha with a total contract value of Rs 15.26 crore. It is a short duration project and the entire revenue is expected to be realised during the current financial year FY 2026 itself, and will help in enhancing further the top line of the company.
The second order is from M/s Central Mine Planning and Design Institute (CMPDI), a Mini Ratna Public Sector Undertaking and 100% subsidiary of Coal India, for providing Coal Exploration related services in the state of MP & Chhattisgarh with a total contract value of Rs 1.67 crore.
South West Pinnacle Exploration is an integrated Service Provider providing end-to-end Drilling & exploration of Natural resources.










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