Water management stock jumps 9.5% after receiving order worth ₹32.5 Cr from Nilkanth InfraWater management stock jumps 9.5% after receiving order worth ₹32.5 Cr from Nilkanth Infra

Introduction:

Leading water management company has secured a ₹32.56 crore order for setting up a 2 MLD Common Effluent Treatment Plant, featuring advanced water reclamation and reverse osmosis technologies, to be completed within nine months.

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Share price movement of Felix Industries:

On April 15, 2025, Felix Industries Limited opened at ₹204.40, up 4.67% from its previous close of ₹195.30. The stock hit a high of ₹214.00 (9.57%) and a low of ₹196.05. By 2:01 PM, it traded at ₹199.00, marking a 1.89% gain, with a market cap of ₹272.09 crore.

Felix Industries Secures Order from Nilkanth Infr:

Felix Industries Limited has announced the receipt of a ₹32.56 crore purchase order from Nilkanth Infra. The order involves supply, installation, testing, and commissioning of a 2 MLD Common Effluent Treatment Plant (CETP).

The CETP will feature advanced technologies including Multi-stage Reverse Osmosis, Water Reclamation Processes, High-efficiency Steam Generation, and a SCADA-controlled system. The project is to be executed over a period of nine months in Sun Industrial Park, Changodar, Gujarat.

This domestic order is classified as a related party transaction, as Felix holds 20% equity in Eco-Vision Aqua Care, whose technology will be used. The transaction is on an arm’s length basis, approved by the Audit Committee.

Stock performance of Felix Industries for Period of 1 week, 6 months, and 1 year:

Felix Industries Ltd delivered an 8.71% return over the past week, but declined by 16.0% in the past six months. The stock dropped 45.1% over the past year.

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Shareholding pattern of Felix Industries:

Particulars	Feb 2024	Sep 2024
Promoter	50.30%	50.90%
FII	1.40%	1.40%
DII	0.20%	0%
Public	48.10%	47.70%

About Felix Industries:

Felix Industries Ltd (NSE: FELIX), incorporated in 2012, provides comprehensive water and environmental solutions, specializing in wastewater recycling, effluent treatment, e-waste management, and industrial piping services with a focus on sustainability.

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.