LT & HT Electrical Panels Manufacturer Bags New Order Worth Rs 1,69,00,000 From Pepsico India Holding Pvt Ltd

The stock is up over 28.7 per cent from its 52-week low of Rs 190 per share.

Shivalic Power Control Limited has secured a significant domestic commercial order valued at approximately Rs 169 lakh (One Hundred Sixty-Nine Lacs) to supply LT Panels to Pepsico India Holding Pvt Ltd. Shivalic will execute the project as per the agreed terms and complete it by mid-March 2025. This win marks a positive development for the company.

Earlier, the company secured a prestigious order valued at approximately Rs 38 lakh (Thirty-Eight Lacs) for supplying Low Tension (LT) Panels to PepsiCo India Holding Pvt Ltd. This domestic commercial order strengthens Shivalic's market position and requires the company to fulfil the project by mid-March 2025, adhering to the agreed-upon terms.

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.

The company has a market cap of Rs 584 crore with an ROE of 34 per cent and an ROCE of 30 per cent. The stock is up over 28.7 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.