{"id":146684,"date":"2025-03-26T13:04:25","date_gmt":"2025-03-26T07:34:25","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=146684"},"modified":"2025-03-26T13:04:28","modified_gmt":"2025-03-26T07:34:28","slug":"ashish-kacholia-stock-jumps-7-after-receiving-order-from-power-grid-corporation-for-optical-wire","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-7-after-receiving-order-from-power-grid-corporation-for-optical-wire\/","title":{"rendered":"Ashish Kacholia stock jumps 7% after receiving order from Power Grid Corporation for optical wire"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3073982576\"><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 Ashish Kacholia portfolio stock engaged in providing solutions across power transmission, telecommunication, renewable energy, and energy storage, focusing on sustainable and innovative technologies, jumped 7 percent after receiving a contract from Power Grid Corporation of India for the supply and installation of an optical ground wire (OPGW) package.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1566840239\"><!-- 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>Stock Price Movement:<\/strong><\/h2><p>With a market capitalization of Rs. 1,276.68 crores, the share of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/543230\" target=\"_blank\" rel=\"noreferrer noopener\">Advait Energy Transitions Limited<\/a><\/strong> has reached an intraday high of Rs. 1,248 per equity share, rising nearly 7.05 percent from its previous day\u2019s close price of Rs. 1,165.85. Since then, the stock has retreated and is currently trading at Rs. 1,182.05 per equity share.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What is the news?<\/strong><\/h2><p>Advait Energy Transitions Limited (formerly Advait Infratech Limited) has become the L1 bidder for the OPGW-04 package contract from Power Grid Corporation of India. The contract involves the supply and installation of optical ground wire (OPGW) and communication equipment for various transmission lines across India.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Shareholding pattern:<\/strong><\/h2><p>Ace investor Ashish Kacholia holds a 2.67 percent stake in Advait Energy Transitions Limited, valued at Rs. 34.8 crores, consisting of 2,88,185 shares.<\/p><div class=\"trade-content_5\" id=\"trade-1387435312\"><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>Market Presence<\/strong><\/h2><p>Advait Infratech works worldwide, providing products to top EPC companies and utilities in different industries. The company has boosted its production capacity through joint ventures that specialize in making OPGW and OFC cables, strengthening its market position.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Product and service Offerings:<\/strong><\/h2><p>The company offers a wide range of products, including power transmission equipment, telecommunication infrastructure, renewable energy solutions like hydrogen storage, and energy storage systems. Their services include power transmission installations, renewable energy equipment manufacturing, telecom services, and sustainability consulting, providing comprehensive solutions for various sectors.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent quarter results:<\/strong><\/h2><p>Advait Energy Transitions Limited&#8217;s revenue has increased from Rs. 73 crore in Q3 FY24 to Rs. 94 crore in Q3 FY25, which has grown by 28.77 percent. The net profit has also grown by 25 percent from Rs. 8 crore in Q3 FY24 to Rs. 10 crore in Q3 FY25.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By &#8211; Nikhil Naik<\/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-3554067774\"><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 Ashish Kacholia portfolio stock engaged in providing solutions across power transmission, telecommunication, renewable energy, and energy storage, focusing on sustainable and innovative technologies, jumped 7 percent after receiving a contract from Power Grid Corporation of India for the supply and installation of an optical ground wire (OPGW) package. Stock Price Movement: With a market [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22471,"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":[26168,24190,24189,26177,26178,6630,948,936,3157],"class_list":["post-146684","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-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 7% after receiving order from Power Grid Corporation for optical wire - 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