07-Oct-2026      10:05

Swastika Infra Limited gains 2.91% after securing Rs 615.76 crore order from MSEDCL

Swastika Infra Ltd. is up 2.91% to Rs 205.95, although the stock has declined recently, slipping 1.93% over the last one week.

Swastika Infra Limited announced it has received a Letter of Award (LOA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for Distribution Infrastructure & System Strengthening works in the Bhandup Zone, Maharashtra, with an aggregate order value of Rs 615.76 crore (including taxes). The project, awarded on October 7, 2026, encompasses survey, design, engineering, supply, installation, testing, and commissioning of distribution infrastructure and associated civil and electrical works, with a completion timeframe of 24 months. The company will make the detailed information available on its website at https://swastikainfra.com/.

Trading volume reached 81609 shares today, a decrease of 97.51% compared to the one-week average volume. Swastika Infra Ltd remained flat year-over-year, outperforming the NIFTY50 index's 9.18% loss.

News source: Capital Market - Live News