South West Pinnacle Exploration gains on getting LoI worth Rs 6.70 crore
South West Pinnacle Exploration is currently trading at Rs. 142.85, up by 1.70 points or 1.20% from its previous closing of Rs. 141.15 on the BSE.
The scrip opened at Rs. 142.85 and has touched a high and low of Rs. 143.40 and Rs. 142.65 respectively. So far 306 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. 153.40 and Rs. 138.00 respectively. The current market cap of the company is Rs. 427.76 crore.
The promoters holding in the company stood at 68.85%, while Institutions and Non-Institutions held 0.02% and 31.13% respectively.
South West Pinnacle Exploration (SWPE) has received a Letter of Intent (LoI) from M/s Hindalco Industries for Exploration and other related services to be imparted in a Copper block in the state of Maharashtra. The aggregate value of contract including GST is around Rs 6.70 crore. The order is to be executed within around 62 weeks.
South West Pinnacle Exploration is an integrated Service Provider providing end-to-end Drilling & exploration of Natural resources.
