Power stock hits 5% upper circuit after receiving order from Bharti Airtel

The shares of a Microcap manufacturer and supplier of electrical control panels and power distribution systems that specializes in providing high-quality solutions for industries such as power, telecom, and manufacturing are in focus after bagging an order from the subsidiary of a global telecommunication company, Bharti Airtel Ltd. 

Price Action 

The shares of Shivalic Power Control Ltd, with a total market capitalization of Rs 296.62 crore on Tuesday, surged to hit a 5 percent upper circuit at Rs 132.7 per share in the morning trading session. However, as of 11:00 am, the shares retreated and were trading at Rs 127 per share, which was 0.5 percent higher than the previous closing price of Rs 126.4 per share. 

About the Order 

As per a press release dated March 24, 2025, the company secured an order from Bharti Hexacom Ltd, a subsidiary of Bharti Airtel Ltd for the supply of LT panels. The total value of the order is approximately Rs 70 Lakhs and is scheduled to be completed in May 2025. 

Also read: Smallcap stock jumps 4% after Govt imposes anti-dumping duty on roller chains from China

Previous Orders 

In March 2025, the company secured multiple orders from prominent clients, further solidifying its industry position. Notable orders were received from companies such as Victoria Auto Pvt Ltd, Pepsico India Holdings Pvt Ltd, and Shree Cement Ltd, for the supply of LT Panels, totaling approximately Rs 333 Lakhs.

Financials 

The company reported an increase of 72.6 percent YoY from Rs 31 Crore in H1FY24 to Rs 53.5 Crore in H1FY25. Over the same period, the company reported an increase of 91 percent YoY from Rs 3.4 Crore to Rs 6.5 Crore. 

About Shivalic Power Control Ltd

Shivalic Power Control Ltd. is a leading manufacturer and supplier of electrical control panels and power distribution systems. The company focuses on delivering top-notch solutions for sectors including power, telecom, and manufacturing and serves over 1500+ clients globally. 

The company also offers customized solutions, including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronization panels, Outdoor panels, VFD Panels, Power Distribution Boards, etc. It exports its products to various countries like Mongolia, Nepal, Thailand, Sri Lanka, Nigeria, Kenya, Bangladesh, Sudan, Uganda, and more. 

Written By Adhvaitha Nayani

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Power stock hits 5% upper circuit after receiving order from Bharti Airtel appeared first on Trade Brains.