Solar & Wind Power Cable Company Bags Order Worth Rs 35,37,474 From KEI Industries Ltd

The stock gave multibagger returns of 131 per cent from its 52-week low of Rs 227 per share.

Trident Techlabs Limited has secured a new supply order from KEI Industries Limited, New Delhi, for a specialized solution focused on accurate cable ampacities in electrical power system design. This solution aims to enable the selection of optimally sized power cables, leading to minimized costs and enhanced reliability. Specifically catering to the needs of wind and solar power plants, the solution facilitates cable design by utilizing ampacities that closely align with maximum generation, even in complex installation scenarios, while ensuring accuracy and compliance with engineering standards.

The total value of this domestic supply order is Rs 35,37,474, inclusive of all duties and taxes. As per the terms of the contract, Trident Techlabs is required to complete the supply within a period of 15 days from the date the order was awarded. Additionally, the agreement includes the provision of a one-day online training session on the usage of the solution, along with a one-year Annual Maintenance Contract (AMC).

Trident Techlabs Ltd, founded in 2000, is a technology company that offers engineering solutions, including consulting and technical services, to a wide range of industries like aerospace, defence, automotive, telecommunications, semiconductor and power distribution. They also provide specific power system solutions to assist power distribution utilities in managing their infrastructure and integrating renewable energy sources.

The company has a market cap of over Rs 900 crore. The shares have an ROE of 50 per cent and an ROCE of 38 per cent. The stock gave multibagger returns of 131 per cent from its 52-week low of Rs 227 per share. Investors should keep an eye on this small-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.