Swastika Infra touches roof on receiving LoA worth Rs 615.76 crore from MSEDCL
Mumbai, October 7 (Udaipur Kiran): Swastika Infra is currently trading at its upper circuit limit of Rs. 210.10, up by 10.00 points or 5.00% from its previous closing of Rs. 200.10 on the BSE.
The scrip opened at Rs. 209.90 and has touched a high and low of Rs. 210.10 and Rs. 201.05 respectively. So far 36418 shares were traded on the counter.
The BSE group ‘T’ stock of face value Rs. 10 has touched a 52 week high of Rs. 220.40 on 01-Oct-2026 and a 52 week low of Rs. 198.40 on 06-Oct-2026.
Last one week high and low of the scrip stood at Rs. 220.40 and Rs. 198.40 respectively. The current market cap of the company is Rs. 716.87 crore.
The promoters holding in the company stood at 57.41%, while Non-Institutions held 42.59%.
Swastika Infra has received a Letter of Award (LoA) worth around Rs 615.76 crore (including taxes) from Maharashtra State Electricity Distribution Company (MSEDCL). The LoA is for the development of distribution infrastructure & system strengthening work which includes survey, design, engineering, supply, installation, testing and commissioning of distribution infrastructure and associated civil and electrical works at Bhandup Region, Maharashtra. The order is to be executed within 24 months from the date of LoA.
Swastika Infra is mainly engaged in Engineering, procurement, and construction (EPC) Electrification work like underground cabling, rural electrification, construction of substation along with their associated feeder lines and trading of electrical goods.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
