Power & Instrumentation (Gujarat) Limited (PIGL) (NSE: PIGL, BSE: 543912), Power & Instrumentation (Gujarat) Limited (PIGL), one of India's leading electrical contracting and infrastructure development company, has received an order from ATS Techno Limited. This contract reinforces PIGL's growing footprint in the industrial infrastructure segment.
Details of the Order
- Client: ATS Techno Limited
- Contract Value: ₹21.39 Cr
- Scope of Work: Design, supply, installation, testing, commissioning, and client handover of a factory shed at Star Platinum Industrial Park, Ahmedabad, Gujarat.
- Execution Timeline: 12 Months
This order highlights PIGL's expertise in end-to-end project execution, encompassing design, engineering, and on-site delivery with strict adherence to quality and timelines. With this addition to its expanding portfolio, PIGL continues to strengthen its presence in the industrial infrastructure space, showcasing its capability to deliver complex projects across India.
The company remains committed to driving sustainable growth through innovation, operational efficiency, and unwavering focus on client satisfaction further establishing PIGL as a trusted partner in the infrastructure development sector.
Commenting on the update, Mr. Padmaraj Padmnabhan Pillai, Managing Director of Power & Instrumentation (Gujarat) Limited said, "This new order from ATS Techno Limited further adds to our series of recent project wins and strengthens our presence in the industrial infrastructure segment. The project at Star Platinum Industrial Park reflects our growing involvement in Gujarat's expanding industrial landscape and our consistent focus on delivering quality work with efficiency and reliability.
With multiple orders secured in the past few months, we continue to maintain healthy revenue visibility and a strong execution pipeline. Our team remains focused on ensuring timely completion, maintaining high standards of safety and performance, and supporting our clients' industrial growth objectives."
Shares of Power & Instrumentation (Gujarat) Limited was last trading in BSE at Rs. 172.60 as compared to the previous close of Rs. 165.45. The total number of shares traded during the day was 6753 in over 102 trades.
The stock hit an intraday high of Rs. 173.50 and intraday low of 163.25. The net turnover during the day was Rs. 1149516.00.