South West Pinnacle Exploration secures two new coal exploration contracts; details
News by Aliceblue News Desk
02 Feb 2026
Introduction
Leading exploration services provider secured two coal exploration orders from CMPDI worth Rs 30.45 crore for projects in Madhya Pradesh and Maharashtra.
Share price movement of South West Pinnacle
On February 2, 2026, South West Pinnacle Exploration Limited opened at ₹206.00, up 2.97% from its previous close of ₹200.05. The stock hit a high of ₹210.00 (4.97%) and a low of ₹197.55. By 1:49 PM, it traded at ₹209.90, up 4.92%, with a market capitalisation of ₹626.13 crore.
SWPE Gets CMPDI Coal Orders
South West Pinnacle Exploration Limited received two Letters of Award from Central Mine Planning and Design Institute Limited for coal exploration in Madhya Pradesh and Maharashtra, valued Rs 30.45 crore.
The orders were awarded by CMPDI, a Mini Ratna public sector subsidiary of Coal India Limited. The projects involve coal exploration with execution periods of 910 days and 210 days.
The Madhya Pradesh project is long term, while the Maharashtra project is short term. The contracts are expected to strengthen the company’s order book and support revenue growth going forward.
Stock performance of South West Pinnacle for Period of 1 week, 6 months, and 1 year
South West Pinnacle Exploration Ltd delivered an 11.0% return over the past week, rose 39.1% in the past six months, and gained 57.5% over the past one year.
Shareholding pattern of South West Pinnacle
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 69% | 68.90% | 68.90% |
| FII | 0.30% | 0.10% | 0.10% |
| DII | 0% | 0% | 0% |
| Public | 30.90% | 31.10% | 31.00% |
About South West Pinnacle
South West Pinnacle Exploration Ltd (NSE: SOUTHWEST) is an ISO 9001:2015 certified company engaged in exploration and drilling of coal, minerals, and coal-bed methane for energy resources.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is South West Pinnacle Exploration Ltd share price rising today?
A: South West Pinnacle Exploration Ltd received two CMPDI coal exploration orders worth Rs 30.45 crore across Madhya Pradesh and Maharashtra.
Q: What is South West Pinnacle Exploration Ltd’s main business focus?
A: South West Pinnacle Exploration Ltd operates in drilling and exploration of coal, minerals, and coal bed methane projects.
Q: What is the 52-week high and low of South West Pinnacle Exploration Ltd stock?
A: South West Pinnacle Exploration Ltd stock has a 52-week high of Rs 242.55 and a 52-week low of Rs 95.60.
News Author
Aliceblue News Desk
