Electrical Panels Manufacturer Bags New Orders Worth Rs 3,60,00,000 From India

The stock is up 27.33 per cent from its 52-week low of Rs 190 per share.

Shivalic Power Control Limited has secured substantial new domestic orders valued at Rs 360 lakh for the supply of LT panels from two esteemed clients: a major paper manufacturing company in North India and a well-known industrial group focused on green energy solutions. These wins underscore the increasing trust these leading organisations have in Shivalic's expertise and reliability within the power distribution sector, further solidifying the company's market standing with a project execution timeline slated for completion by July 2025.

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 318 crore with an ROE of 34 per cent and an ROCE of 30 per cent. The stock is up 27.33 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.