Electrical panels manufacturer bags order worth Rs 80,00,000 from a Manufacturer and Seller of Automotive Components
The stock is up 23 per cent from its 52-week low of Rs 103.90 per share.
Shivalic Power Control Limited bagged a domestic order valued at approximately Rs 80 lakh from a prominent Manufacturer and Seller of Automotive Components. This project entails the supply of Electrical Panels, with the company slated to execute the project according to the order's terms. The completion of this commercial order is tentatively scheduled for August 2025.
Earlier, the company secured domestic orders totalling approximately Rs 1,30,00,000. These orders include a Rs 70 lakh project from a prominent enterprise in the electrical, civil, and data centre infrastructure sectors, and a Rs 59.50 lakh project from an energy solutions provider specialising in solar PV projects, gensets, and firefighting services. Both orders involve the supply of LT/HT Panels, with tentative completion dates set for September 2025 and August 2025, respectively.
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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 over Rs 300 crore with an ROE of 16 per cent and an ROCE of 19 per cent. The stock is up 23 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.