DSIJ Mindshare

The company has attracted significant buying interest due to its outstanding returns of over 16 per cent in the past year

On July 04, foreign institutional investors (FII) brought shares worth Rs 2,134.33 crore, while domestic institutional investors (DII) sold shares worth Rs 785.48 crore; according to preliminary data from the NSE.

In the last six months, the stock gained over 70 per cent.

Earlier, the company has won an order worth Rs 2,207.53 crore for an Advanced Metering Infrastructure Service Provider (AMISP) including the design of an AMI system with supply, installation and commissioning of 27.69 Lakhs Smart Prepaid Meters, Feeder Meter, DT Meter level energy accounting and FMS of these 27.69 Lakhs smart meters. The company’s total order book stood at Rs 4,115 crore as of March 31, 2023. Including the above order, the company order book stands at Rs 6,322.53 crore.

On Wednesday, shares of the company jumped by 7.91 per cent and traded at its 52-week high of Rs 92.30. Additionally, the scrip had a spurt in volume by more than 1.39 times.