Introduction:
Cable stock in focus after emerging as the L1 bidder for a power distribution upgrade project in Amreli Circle under PGVCL’s System Improvement Scheme, involving 11KV MVCC installation, testing, and commissioning to strengthen feeder network reliability across Gujarat.
Share Price movement of Advait Energy Transitions:
On April 15, 2025, Advait Energy Transitions Ltd opened at ₹1,275.00, reaching a high of ₹1,320.00, up 4.57% from the previous close of ₹1,233.90 and a low of ₹1,240.00. The stock is currently trading at ₹1,290.35, with a market cap of ₹1,393.65 Crores.
Advait Energy Transitions share price rise:
Advait Energy Transitions Limited has been declared the successful L1 bidder for a turnkey contract under the System Improvement Scheme of PGVCL. The project involves 11KV MVCC supply, installation, testing, & commissioning for Amreli Circle to enhance power reliability.
The scope of the project includes creating a robust network with medium voltage covered conductors and allied items across the 11KV feeder network. The entire project is expected to be completed within a 12-month timeline, aligning with PGVCL’s system improvement goals.
As per SEBI’s disclosure norms, the company will issue a detailed announcement including the Letter of Intent or Award once received. This achievement underscores Advait Energy’s execution capabilities in power infrastructure and distribution upgrades.
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Ace investor holding of Advait Energy Transitions:
Ashish Kacholia holds 2.67% stake in Advait Energy Transitions Ltd, owning 2,88,185 shares valued at ₹37.2 Crores. His investment underlines confidence in the company’s role in energy infrastructure and transition segments within India’s evolving power sector.
Suresh Kumar Agarwal holds 2.67% stake in Advait Energy Transitions Ltd, valued at ₹37.3 Crores. His investment reflects confidence in the company’s strategic direction within India’s evolving power infrastructure and green energy sector. His portfolio often aligns with high-growth potential in niche industries.
Stock performance of Advait Energy Transitions for Period of 1 week, 6 months and 1 year:
Advait Energy Transitions stock rose 1.13% over the past week but faced a significant 30.7% decline over the last six months. On a one-year basis, the stock slipped by 13.0%, reflecting overall weakness despite a recent short-term improvement in performance.
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Shareholding pattern of Advait Energy Transitions:
| Summary | Dec-24 | Sep-24 | Jul 13, 2024 |
| Promoter | 69.50% | 69.40% | 69.40% |
| FII | 0% | 0.00% | 0.00% |
| DII | 0% | 0% | 0% |
| Public | 30.60% | 30.60% | 30.50% |
About Advait Energy Transitions:
Advait Energy Transitions Limited (NSE: ADVAIT) focuses on delivering sustainable power solutions through advanced transmission and distribution infrastructure. It undertakes turnkey contracts, primarily in medium-voltage networks, supporting India’s energy efficiency goals while enhancing grid reliability and contributing to green energy transformation nationwide.
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.
