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Power & Instrumentation: Stock jumps 3.5% after securing ₹102 Cr orders from Ajmer Vidyut Vitran Nigam

Power & Instrumentation (Gujarat) Limited secures ₹102.78 Cr orders from Ajmer Vidyut Vitran Nigam. Projects involve 11 kV feeder segregation, enhancing power reliability in Rajasthan.

Introduction

Leading electrical contracting firm secures ₹102.78 Cr orders from Ajmer Vidyut Vitran Nigam. Projects include 11 kV feeder segregation across Dungarpur and Salumbar Circles, enhancing power distribution reliability in Rajasthan.

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Share price movement of Power & Instrumentation

On October 10, 2025, Power & Instrumentation (Gujarat) Limited opened at ₹176.00, down from its previous close of ₹177.05. The stock reached a high of ₹185.00 and a low of ₹171.50. By 1:52 PM, it traded at ₹182.95, up 3.33%, with a market cap of ₹321.68 crore.

PIGL Secures ₹102.78 Cr Power Distribution Orders

Power & Instrumentation (Gujarat) Limited has secured two new orders worth ₹102.78 Cr under the RDSS. Both orders are awarded by Ajmer Vidyut Vitran Nigam Limited in Rajasthan.

The first order for Dungarpur Circle is valued at ₹68.22 Cr. It involves supply, erection, installation, testing, and commissioning of 11 kV mixed feeder segregation. Timeline is 15 months.

The second order for Salumbar Circle is valued at ₹34.56 Cr. It also includes 11 kV mixed feeder segregation on a turnkey basis. Both orders improve load balancing and reduce technical losses.

Stock performance of Power & Instrumentation for Period of 1 week, 6 months, and 1 year

Power & Instrumentation (Gujarat) Limited delivered an 8.22% return over the past week, gained 22.9% in the past six months, but declined by 27.5% over the past year.

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Shareholding pattern of Power & Instrumentation

ParticularsJun 2025Mar 2025Dec 2024
Promoter45.70%45.70%41.00%
FII0.00%0.00%0.00%
DII0%0%0%
Public54%54%59%

About Power & Instrumentation

Power & Instrumentation (Gujarat) Limited (NSE: PIGL) is a leading electrical contracting firm offering EPC solutions, power transmission and distribution services, airport projects, household electrification, and maintenance, with extensive experience across India’s energy infrastructure.

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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 Power & Instrumentation (Gujarat) Limited share price going up today?

A: Power & Instrumentation (Gujarat) Limited share price rose after securing two new orders worth ₹102.78 Cr under RDSS.

Q: What does Power & Instrumentation (Gujarat) Limited specialize in?

A: Power & Instrumentation (Gujarat) Limited specializes in electrical contracting, EPC solutions, power transmission, distribution, and maintenance services across India.

Q: What is the market capitalization of Power & Instrumentation (Gujarat) Limited?

A: Power & Instrumentation (Gujarat) Limited has a market capitalization of ₹321.68 crore as of October 10, 2025.

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