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South West Pinnacle: Stock hits 5% after NALCO contract for bauxite mining

South West Pinnacle Exploration Limited has secured a ₹11.78 crore order from NALCO for bauxite mine exploration in Orissa, with completion scheduled within 24 months.

Introduction

Leading exploration and consultancy firm has secured a ₹11.78 crore order from NALCO for bauxite mine exploration in Orissa, with project execution scheduled within 24 months.

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Share price movement of South West Pinnacle

On November 25, 2025, South West Pinnacle Exploration Ltd opened at ₹185.40, up 0.16% from its previous close of ₹185.10. The stock reached a high of ₹194.60 (5.14%) and a low of ₹184.30. By 3:16 PM, it traded at ₹191.85, a 3.65% increase, with a market cap of ₹572.29 crore.

South West Pinnacle Secures ₹11.78 Crore Order

South West Pinnacle Exploration Limited (SWPE) has been awarded a Letter of Award from National Aluminium Company Limited (NALCO) for detailed bauxite mine exploration in Orissa. The order value is ₹11.78 crore.

SWPE will act as a consultant, carrying out surveys, core drilling, and related exploration activities. The company will also submit draft and final geological reports to NALCO.

The project is to be completed within 24 months. NALCO is a domestic entity and a new client for SWPE. All statutory and legal requirements must be followed during execution.

Ace investor holding in South West Pinnacle

Ajay Kumar Aggarwal holds a 2.54% stake in South West Pinnacle Exploration Ltd, owning 7,56,500 shares valued at ₹14.7 crore.

Stock performance of South West Pinnacle for Period of 1 week, 6 months, and 1 year

South West Pinnacle Exploration Ltd delivered a -8.05% return over the past week, it gained 31.3% in the past six months. The stock rose 45.2% over the past year.

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Shareholding pattern of South West Pinnacle

ParticularsSep 2025Jun 2025Mar 2025
Promoter68.90%68.90%68.90%
FII0.10%0.10%0.00%
DII0%0%0%
Public31.10%31.00%31.10%

About South West Pinnacle

South West Pinnacle Exploration Ltd (NSE: SOUTHWEST), incorporated in 2006, is an ISO 9001:2015 certified company providing drilling and exploration services for coal, minerals, and coal-bed methane across India.

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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 going up today?

A: South West Pinnacle Exploration Ltd share price is up after securing a ₹11.78 crore order from NALCO for bauxite mine exploration.

Q: What does South West Pinnacle Exploration Ltd specialize in?

A: South West Pinnacle Exploration Ltd specializes in drilling and exploration of coal, minerals, and coal-bed methane across India.

Q: How much stake does Ajay Kumar Aggarwal hold in South West Pinnacle Exploration Ltd stock?

A: Ajay Kumar Aggarwal holds a 2.54% stake in South West Pinnacle Exploration Ltd, owning 7,56,500 shares valued at ₹14.7 crore.

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