Trishakti Industries touches the roof on securing largest contract from Jindal Group
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Trishakti Industries is currently trading at its upper limit of Rs. 122.10, up by 2.35 points or 1.96% from its previous closing of Rs. 119.75 on the BSE.
The scrip opened at Rs. 122.10 and has touched a high and low of Rs. 122.10 and Rs. 122.10 respectively. So far 65886 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 127.05 on 16-Sep-2024 and a 52 week low of Rs. 7.13 on 27-Sep-2023.
Last one week high and low of the scrip stood at Rs. 127.05 and Rs. 119.75 respectively. The current market cap of the company is Rs. 181.36 crore.
The promoters holding in the company stood at 36.55%, while Non-Institutions held 63.45% stake in the company.
Trishakti Industries has secured the largest contract till now. This contract entails the deployment of machinery worth Rs 6.00 crore for Jindal Paradip Port to PPEL, a subsidiary of Jindal Group.
With the successful acquisition of this contract, Trishakti Industries has now surpassed more than 50% of the projected capital expenditure (capex) for the financial year 2024-25.
This achievement marks a significant milestone in its ongoing growth strategy, further strengthening its position within the infrastructure equipment rental industry.
Trishakti Industries is one of the leading crane hiring company in India. It is providing Services to the well-known companies including Oil & Natural Gas Corporation, the biggest oil & gas exploration company in India and also other PSU's, PRIVATE and Multinational (MNC’s) as clients.
