Advait Infratech Ltd receives order from Power Grid

Advait Infratech Ltd has received an order of Power Grid Corporation of India for package ERS-1 for the procurement of ERS for upto 400kV transmission lines through indigenous vendor development under the company's vertical of Emergency Restoration System Department of worth Rs. 18 Crores.

The order is for Design, manufacturing, testing and supply of Emergency restoration system (ERS) for the twin Moose line as per the contract agreement between PGCIL and Advait Infratech Ltd.

The order is to be executed within 18 months from the date of Notification of Award.

Shares of Advait Infratech Ltd was last trading in BSE at Rs. 623.50 as compared to the previous close of Rs. 636.50. The total number of shares traded during the day was 9500 in over 28 trades.

The stock hit an intraday high of Rs. 649.95 and intraday low of 604.70. The net turnover during the day was Rs. 5891800.00.

Source : Equity Bulls

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