Electrical Panels Manufacturer Bags New Domestic Orders Worth Rs 1,06,00,000 from Electrical Contractors
The stock is up 23.2 per cent from its 52-week low of Rs 103.90 per share.
Shivalic Power Control Limited has recently been awarded new orders totalling approximately Rs 106 lakh from domestic electrical contractors. These orders are for the supply of LT Switchboards and are expected to be completed tentatively by August 2025. The company will execute these projects according to the terms of the respective orders, further solidifying its presence in the domestic market for electrical equipment.
Earlier, Shivalic Power Control secured two significant domestic orders: one for approximately Rs 99 lakh from a major electrical equipment manufacturer for LT Switchboards, due by October 2025; and another for roughly Rs 226 lakh from a distillery manufacturer for PCC & MCC Panels, expected by August 2025. These projects collectively highlight Shivalic Power Control's reliability in regulated sectors demanding quality and timely delivery.
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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 Rs 298 crore with an ROE of 16 per cent and an ROCE of 19 per cent. The stock is up 23.2 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.