Introduction:
Transformer stock secured a ₹21.30 crore order from a Chennai-based electric company for oil-cooled distribution transformers, emphasizing its manufacturing expertise, timely delivery commitment, and strengthening its position in the competitive domestic power equipment market.
Share Price movement of Supreme Power Equipment:
On January 20, 2025, Supreme Power Equipment Ltd opened at ₹215.00, up 5% from its previous close of ₹213.30. The stock reached a high of ₹223.95 and a low of ₹213.30, closing at ₹224.40 with a market cap of ₹559.68 crore.
Supreme Power Equipment receives new order:
Supreme Power Equipment Limited announced securing a domestic order worth ₹21.30 crore on January 20, 2025, from a Chennai-based electric company. The contract involves manufacturing and supplying oil-cooled distribution transformers, strengthening the company’s presence in the domestic power equipment market.
The order is valued at approximately ₹21.30 crore and is expected to be executed within nine months. This project emphasizes the company’s manufacturing capabilities and commitment to delivering high-quality equipment within a stipulated timeline, showcasing its expertise in the power distribution sector.
The company confirmed no related party transactions or promoter interest in this deal, ensuring compliance with SEBI regulations. This achievement reflects Supreme Power Equipment’s dedication to expanding its operations and securing significant contracts in the competitive energy market.
Recent news About Supreme Power Equipment :
On January 3, 2025, Supreme Power Equipment Limited secured orders worth ₹12.81 crore and ₹7.26 crore from TANGEDCO, including through its 90% partnership in Danya Electric Company, strengthening its presence in the power distribution sector.
Ace investor holding of Supreme Power Equipment:
Namburikandasamyraja Beemaraja Karthik, an ace investor, holds 700,605 shares of Supreme Power Equipment Ltd., valued at ₹15.7 crore. His holdings represented a 2.80% stake as of September 2024, reflecting significant confidence in the company’s growth potential.
Kandasamyraja Beemaraja, an ace investor, holds 1,316,485 shares of Supreme Power Equipment Ltd., valued at ₹29.4 crore. His stake accounted for 5.26% as of September 2024, highlighting significant confidence in the company’s growth and market potential.
Stock performance of Supreme Power Equipment for Period of 1 week, 6 months and 1 year:
Supreme Power Equipment stock recorded a decline of 2.65% over the past week and a significant drop of 31.1% over six months, but delivered a modest gain of 10.5% over the past year, reflecting mixed performance trends.
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Shareholding pattern of Supreme Power Equipment:
| Summary | Sep-24 | Mar-24 |
| Promoter | 56.60% | 56.60% |
| FII | 0.10% | 3.90% |
| DII | 9.50% | 9.60% |
| Public | 33.90% | 30.00% |
About Supreme Power Equipment:
Supreme Power Equipment Limited (NSE:SUPREMEPWR) specializes in manufacturing and supplying high-quality electrical transformers and power equipment. The company focuses on delivering innovative, efficient solutions to meet the growing energy demands of diverse industries while ensuring superior performance and reliability in operations.
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.
