Advait Infratech Ltd receives order of Rs. 58.24 crores

Advait Infratech Ltd has received an order for Supply, liveline and Installation of Optical Fiber Ground Wire (OPGW) and Its Hardware and Accessories on 05th April 2023 worth Rs. 58.24 Crores.

The order from Uttar Pradesh Power Transmission Corporation Limited (UPPTCL), Lucknow (UP Government Undertaking) is for Design, Engineering, Manufacturing, Testing, Supply, Stringing, Splicing, Installation, Testing and Commissioning of OPGW alongwith Hardwares and Accessories, Termination of OPGW at both end Substations etc. including work of replacement of existing Earthwire with OPGW of about 1520 KMs. 220 KV and 132KV lines of Transmission of UPPTCL, On Turn-key basis, against Tender Specification no. TD-481/22 (PKG-2).

The order should be executed within 18 months from the date of the Letter of Award.

Shares of Advait Infratech Ltd was last trading in BSE at Rs. 307.10 as compared to the previous close of Rs. 293.00. The total number of shares traded during the day was 11000 in over 22 trades.

The stock hit an intraday high of Rs. 307.65 and intraday low of 285.55. The net turnover during the day was Rs. 3336100.00.

Source : Equity Bulls

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AdvaitInfratech INE0ALI01010 OrderWin OpticalFiberGroundWire