Electrical Panels Manufacturer Bags 3 New Domestic Orders Worth Rs 1,30,00,000
The stock is up 26 per cent from its 52-week low of Rs 103.90 per share.
Shivalic Power Control Limited has secured three significant domestic orders totalling approximately Rs 130 lakh. These include an order worth around Rs 50 lakh from a renowned steel manufacturer, to be completed by December 2025; an order for about Rs 21 lakh from a leading cement manufacturing company, with completion expected by August 2025; and an order of roughly Rs 59 lakh from a prominent electric mobility service provider, slated for completion by October 2025. All three projects involve the supply of HT Switchboards, MCCB Boxes, and Electric Panels.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
About the Company
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 synchronisation, Outdoor, HT, VFD, Power Distribution Boards, Bus Duct and LT & HT APFC Panels. With industry certifications and authorisations 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.
The company has a market cap of Rs 304 crore with an ROE of 16 per cent and an ROCE of 19 per cent. The stock is up 26 per cent from its 52-week low of Rs 103.90 per share.
Disclaimer: The article is for informational purposes only and not investment advice.