Electrical Panels Manufacturer Bags New Order Worth Rs 68,00,000 From Dalmia Cement (Bharat) Limited
The stock is up 17.4 per cent from its 52-week low of Rs 190 per share.
Shivalic Power Control Limited has been awarded a significant domestic commercial order valued at approximately Rs 68 lakh from Dalmia Cement (Bharat) Limited. The project involves the execution of LT Panels and is scheduled for completion by mid-May 2025. This win highlights Shivalic Power Control's expertise in the electrical equipment domain.
Shivalic Power Control Limited has secured another domestic commercial order worth approximately Rs 35 lakh from Victora Auto Pvt Ltd. This project involves the execution of LT Panels and is expected to be finished by mid-April 2025, showcasing Shivalic Power Control's continued success in the electrical equipment industry.
Founded in 2004, Shivalic Power Control Limited is a leading manufacturer of electric panels, specialising in a wide range of products including PCC, IMCC, Smart, MCC, DG synchronization, Outdoor, HT, VFD, Power Distribution Boards, Bus Duct and LT & HT APFC Panels. With industry certifications and authorizations from renowned companies like L&T, Siemens, Schneider Electric and TDK, Shivalic ensures the highest quality standards in its products. Their expertise has made them a trusted partner for various industries, serving over 500 clients across sectors like sugar, paper, cement, steel, FMCG, automobiles, and more.
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The company has a market cap of Rs 560 crore with an ROE of 34 per cent and an ROCE of 30 per cent. The stock is up 17.4 per cent from its 52-week low of Rs 190 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.