Advait Energy and other stocks jump up to 9% after bagging work orders
Synopsis:- Shares of multiple infrastructure and defence players gained up to 9% after securing fresh domestic orders. New contracts worth ₹33 crore and ₹466.27 million, along with an L1 bid of ₹1.96 crore, boosted sentiment. Broader markets also remained firm, with Nifty up 0.60% and Sensex rising 0.52%. During the opening session on Monday, the […] The post Advait Energy and other stocks jump up to 9% after bagging work orders appeared first on Trade Brains.
Synopsis:- Shares of multiple infrastructure and defence players gained up to 9% after securing fresh domestic orders. New contracts worth ₹33 crore and ₹466.27 million, along with an L1 bid of ₹1.96 crore, boosted sentiment. Broader markets also remained firm, with Nifty up 0.60% and Sensex rising 0.52%.
During the opening session on Monday, the Indian bourses opened on a positive note; the Nifty 50 was trading at 25,848.25, up 0.60%, while the Sensex was seen at 84,012.15, up 0.52%. Markets are expected to remain positive amidst strong global cues as broader Asian markets trade higher. Sessions of late had ended on a positive note post-RBI’s interest rate decision that left the repo rate unchanged.
Advait Energy Transitions Limited
Advait Energy Transitions Limited operates in the power transmission and renewable energy infrastructure space. The company provides turnkey solutions, including the supply of transmission line components and EPC services. With growing focus on clean energy and grid expansion in India, it is positioning itself to benefit from the country’s energy transition and infrastructure push.
With a market capitalisation of Rs 1,840 crore, the shares were trading at Rs 1,682 per share, increasing around 2 percent as compared to the previous closing price. The shares of Advait Energy Transitions have seen positive movement after receiving confirmation of a bid for the L1 stage successful bidder- Procurement of Centre Tower Crane for Mechanised Erection of Transmission Line Towers under Vendor Development from Power Grid Corporation of India Limited (PGCIL), having an order value of Rs 1.96 crore inclusive of taxes.
In addition, Advait Greenergy Private Limited entered into various non-binding MoUs at India Energy Week 2026. The list of new partners includes V J Industries, CENmat, and Power to Hydrogen. The collaborations are centred on hydrogen storage systems and advanced technologies related to the PEM and AEM electrolysers.
Garden Reach Shipbuilders & Engineers Ltd
Garden Reach Shipbuilders & Engineers Ltd is a leading defence public sector undertaking engaged in building advanced warships for the Indian Navy and Coast Guard. The company also undertakes ship repairs and exports vessels. Backed by a strong order book, it plays a strategic role in India’s maritime defence and shipbuilding capabilities.
With a market capitalisation of Rs 28,419.21 crore, the shares were trading at Rs 2,480.90 per share, increasing around 3 percent as compared to the previous closing price.
The shares of Garden Reach Shipbuilders have seen positive movement after securing a Rs 33 crore (excluding GST) domestic contract from the Ministry of External Affairs for the refit of Seychelles Coast Guard Ship PS Zoroaster. The three-month execution timeline suggests near-term revenue visibility. While the order size is moderate, it strengthens the company’s defence credentials and reinforces its presence in government-backed maritime projects.
Brahmaputra Infrastructure Ltd
Brahmaputra Infrastructure Ltd is an Indian infrastructure development company engaged in executing civil construction and engineering projects. The company undertakes work across roads, highways, bridges, and urban infrastructure segments. With a focus on quality execution and timely delivery, it aims to benefit from India’s growing investment in public infrastructure and development projects.
With a market capitalisation of Rs 403.36 crore, the shares were trading at Rs 139.00 per share, increasing around 9 percent as compared to the previous closing price.
Brahmaputra Infrastructure has received a Letter of Acceptance from NF Railway HQ, Maligaon, for a road-over-bridge project in Assam worth Rs 466.27 million. The project, to be executed over 18 months, involves replacing a level crossing in the Rangapani–New Jalpaiguri section, strengthening its government order book and improving infrastructure execution visibility.
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The post Advait Energy and other stocks jump up to 9% after bagging work orders appeared first on Trade Brains.
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