{"id":145231,"date":"2025-02-19T12:42:47","date_gmt":"2025-02-19T07:12:47","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=145231"},"modified":"2025-02-19T12:42:50","modified_gmt":"2025-02-19T07:12:50","slug":"ashish-kacholia-stock-jumps-9-after-incorporation-wholly-owned-subsidiary-for-transmission-tools","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-9-after-incorporation-wholly-owned-subsidiary-for-transmission-tools\/","title":{"rendered":"Ashish Kacholia stock jumps 9% after incorporation wholly owned subsidiary for transmission tools"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-649339190\"><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>The shares of this small cap stock, specializing in the provision of products and services for power transmission and telecommunication infrastructure surged 9 percent after the company announced the incorporation of a new wholly owned subsidiary.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-560468314\"><!-- 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<\/strong><\/h2><p>With a market capitalization of Rs 1,432.59 crore, <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/543230\" target=\"_blank\" rel=\"noreferrer noopener\">Advait Energy Transitions Ltd<\/a><\/strong> surged 9 percent in Wednesday\u2019s trading session and made an intraday high of Rs 1,349.40 per share compared to its previous closing price of Rs 1,240.70 per share.\u00a0<\/p><p>The shares reiterated from the day\u2019s high and were trading at Rs 1,326.40 which is 7 percent higher than the previous closing price.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>The company said in an exchange filing \u2018&#8230;the Ministry of Corporate Affairs has approved incorporation of Wholly Owned Subsidiary of the Company in the name of \u201cAdvait Transmission Tools Private Limited\u201d\u2019.<\/p><div class=\"trade-content_5\" id=\"trade-1207902130\"><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><p>Advait Transmission Tools Private Limited was incorporated on February 7, 2025, and is headquartered in Ahmedabad, Gujarat. Its primary business activities include manufacturing and trading of stringing tools for power transmission lines, which aligns with the parent company&#8217;s core business. The company also operates as a distributor, agent, consultant, and supplier for these products in both domestic and international markets.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Company Overview<\/strong><\/h2><p>Advait Energy Transitions, formerly known as Advait Infratech Ltd has been engaged in the business of providing products and solutions tailored for power transmission, substation, and telecommunication infrastructure. It operates with various verticals, including substation and telecom products, and turnkey telecommunication projects. The company also manufactures and supplies essential infrastructure components while offering end-to-end solutions to its customers.<\/p><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfstb5cMuScTXtezpKyqqNdUQ70bWXj4NguTp6cpIW0-QyuWueBf15OZiBZT62-xMla3UDhoRM8X62cmKqlcor9i9hwLSQtOcgs4QT52OEwJDyVj0oey53qep5pHul5UCVZAuQAVg?key=r_QQSH1uIGol3iOtvNx0Hnqz\" alt=\"\"\/><\/figure><p>Key developments that took place during 9MFY25 include supply of 500KM of OPGW (Optical Ground Wire) for the year, completion of 30MW solar EPC project at Khavda, Gujarat, receipt of 50 MWH BESS project for GUVNL in Gujarat. Notably, the company has more than 50 percent market share in India\u2019s supply of stringing tools.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shwetha Sairam<\/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-17283241\"><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>The shares of this small cap stock, specializing in the provision of products and services for power transmission and telecommunication infrastructure surged 9 percent after the company announced the incorporation of a new wholly owned subsidiary. Price Action With a market capitalization of Rs 1,432.59 crore, Advait Energy Transitions Ltd surged 9 percent in Wednesday\u2019s [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97245,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[26168,24190,24189,26177,6630,948,936,3157],"class_list":["post-145231","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-ashish-kacholia-stock","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ashish Kacholia stock jumps 9% after incorporation wholly owned subsidiary for transmission tools - 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