{"id":143303,"date":"2025-01-23T14:09:56","date_gmt":"2025-01-23T08:39:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143303"},"modified":"2025-01-23T14:09:59","modified_gmt":"2025-01-23T08:39:59","slug":"ashish-kacholia-stock-jumps-after-signing-mou-with-haryana-city-gas-for-green-hydrogen-plant","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-after-signing-mou-with-haryana-city-gas-for-green-hydrogen-plant\/","title":{"rendered":"Ashish Kacholia stock jumps after signing MoU with Haryana City Gas for green hydrogen plant\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2078914117\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This Ace Investor Ashish Kacholia\u2019s stock which is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields in focus after the company signed an MoU with Haryana City Gas for a 200MTPA Gree023.n Hydrogen Plant.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1640601725\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 1,716.32 Crores, the shares of <a href=\"https:\/\/portal.tradebrains.in\/stocks\/543230\" target=\"_blank\" rel=\"noreferrer noopener\">A<strong>dvait Energy Transitions Limited<\/strong><\/a> touched a day\u2019s high of Rs. 1,608.95 per equity share, up 2.14 percent. The stock reiterated from the day\u2019s high and was trading at Rs. 1,589.10 which is 0.88 percent up from its previous day\u2019s close price of Rs. 1,575.20. The stock delivered a return of 47 percent and outperformed the Nifty Index in the past year.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>The company\u2019s stock is in focus after signing a Memorandum of Association (MoU) with Haryana City Gas Distribution (Bhiwadi) Limited dated January 22, 2025. This agreement is to set up or Engineering, Procurement, and Construction (EPC) of a 2,000 MTPA Green Hydrogen Plant and Supply of 15MW of Electrolysers &#8211; Alkaline technology including advisory services. Providing Operations &amp; Maintenance (O&amp;M) until 1 year from the plant commissioning. Assisting the company in exploring Green Hydrogen, Green Ammonia and Carbon Credits, and other Consultancy-related Services.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Advait Energy Transitions Limited (AETL), formerly Advait Infratech. They focus on power transmission, generation, and energy transitions. The company provides products and solutions for power infrastructure which includes telecommunication projects and green hydrogen systems. Advait plans for 1GW of BESS projects in the upcoming 5 years.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-835587386\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials &amp; Ratios&nbsp;<\/strong><\/h2><p>Its Revenue from operations declined by 5.63 percent year on year from Rs. 48.95 Crores in Q2FY24 to Rs. 46.19 Crores in Q2FY25, accompanied by a profit of Rs. 5.50 Crores to a profit of Rs. 4.03 Crores.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Shareholding Pattern&nbsp;<\/strong><\/h2><p>As of December 2024, the promoters of Advait Energy Transitions held a share of 69.46 percent, and the remaining 30.55 percent was held by Public Investors. Ace Investor <strong>Ashish Kacholia <\/strong>has a 2.67 percent stake reflected in the December 2024 shareholding pattern and kept consistent from September 2024.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Santhosh S<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-549869989\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This Ace Investor Ashish Kacholia\u2019s stock which is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields in focus after the company signed an MoU with Haryana City Gas for a 200MTPA Gree023.n Hydrogen Plant.\u00a0 Price Action&nbsp; With a market capitalization of Rs. 1,716.32 Crores, the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":133184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[26168,24190,24189,26177,26178,6630,948,936,2597],"class_list":["post-143303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-advait-energy-transitions","tag-advait-energy-transitions-latest-news","tag-advait-energy-transitions-limited","tag-advait-energy-transitions-news","tag-advait-energy-transitions-trendinf-news","tag-ashish-kacholia-stock","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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