Mumbai, October 23 (Udaipur Kiran): Shares of Trishakti Industries moved higher in Wednesday’s trade after the company announced receiving a major work order from Tata Steel for the deployment of advanced machinery and skilled manpower at one of Tata Steel’s flagship project sites.
The stock opened at ₹157.30 and touched an intraday high of the same level before easing to a low of ₹154.00. It was trading at ₹155.30, up by ₹2.35 or 1.54% from its previous close of ₹152.95 on the BSE. Around 2,572 shares were traded on the counter during the session.
The company’s market capitalisation currently stands at ₹282.27 crore. The scrip’s 52-week high is ₹191.40 (May 20, 2025), while the 52-week low is ₹117.35 (April 24, 2025). Over the past week, it has traded between ₹157.30 and ₹144.10.
Promoters hold 69.11% stake in the company, while institutions and non-institutional investors own 2.63% and 28.27%, respectively.
In connection with the new contract, Trishakti Industries has made a fresh capital expenditure of ₹7.85 crore (including taxes) for the acquisition of advanced machinery. With this order, the company’s cumulative capex for FY26 has reached ₹84.5 crore, reflecting its strategy to expand capacity and strengthen service delivery for marquee clients in the infrastructure and heavy industries sectors.
Trishakti Industries is among India’s leading crane-hiring and heavy machinery service providers, known for catering to large-scale infrastructure and industrial projects across the country.
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.
