{"id":147319,"date":"2025-04-11T15:22:48","date_gmt":"2025-04-11T09:52:48","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=147319"},"modified":"2025-04-11T15:22:52","modified_gmt":"2025-04-11T09:52:52","slug":"smallcap-stock-jumps-3-after-its-subsidiary-secures-45mw-solar-plant-project-in-maharashtra","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/smallcap-stock-jumps-3-after-its-subsidiary-secures-45mw-solar-plant-project-in-maharashtra\/","title":{"rendered":"Smallcap stock jumps 3% after its subsidiary secures 45MW Solar Plant project in Maharashtra"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2040905555\"><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 company gained attention on Friday after its wholly owned subsidiary was awarded with a 45MW Solar Plant project from Maharashtra State Electricity Distribution Company Ltd. to enable feeder-level solarisation.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1928864626\"><!-- 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 Performance<\/strong><\/h2><p>With a market capitalization of Rs 10,256.30 crore, <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/CHOICEIN\" target=\"_blank\" rel=\"noreferrer noopener\">Choice International Ltd<\/a><\/strong> jumped 3 percent in Friday\u2019s trading session to a high of Rs 517.80 per share compared to its previous closing price of Rs 504.75 per share. The stock retraced from its day\u2019s high and was trading at Rs 512 which is over 1 percent higher than the previous closing price.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Choice Consultancy Services Pvt. Ltd. (CCSPL), a wholly-owned subsidiary of Choice International Ltd, has secured a 45 MW (AC) solar power plant project from Maharashtra State Electricity Distribution Company Ltd under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The project intends to enable feeder-level solarisation in the state.<\/p><p>As the strategic consulting partner, Choice will deliver end-to-end advisory services, such as project structuring, managing compliance, and execution oversight across 18 substations in Maharashtra.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4125748617\"><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>They will also supervise the installation of 11kV or 22kV transmission lines, along with testing and commissioning.This project is expected to generate a revenue of approximately Rs 700 crores, creating lasting value for rural communities.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Management Commentary&nbsp;<\/strong><\/h2><p>Arun Poddar, CEO of Choice International Ltd, said &#8221; This project underscores our unwavering commitment to renewable energy and sustainable development. We are proud to contribute to Maharashtra\u2019s clean energy goals and play an active role in India\u2019s transition to a greener future&#8221;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About Choice Consultancy Services&nbsp;<\/strong><\/h2><p>Choice Consultancy Services Private Limited (CCSPL), a wholly-owned subsidiary of Choice International Ltd, is a consulting firm that focuses on government advisory services across diverse sectors. Their services include Detailed Project Reports (DPRs), efficient Project Monitoring Services, Revenue Augmentation strategies and Process Automation solutions.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Performance<\/strong><\/h2><p>When looking at the financial statements, Choice International reported a slight increase in its revenue from Rs 207 crore to Rs 209 crore in Q3 FY24-25. This was accompanied by a 23 percent decline in net profits from Rs 40 crore to Rs 31 crore during the same period.&nbsp;<\/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-content-10\" id=\"trade-1238849977\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\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><div class=\"trade-after-content\" id=\"trade-1905753047\"><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 company gained attention on Friday after its wholly owned subsidiary was awarded with a 45MW Solar Plant project from Maharashtra State Electricity Distribution Company Ltd. to enable feeder-level solarisation. Stock Performance With a market capitalization of Rs 10,256.30 crore, Choice International Ltd jumped 3 percent in Friday\u2019s trading session to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129661,"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":[27945,13332,13331,948,936,2597],"class_list":["post-147319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-choice-internationa","tag-choice-international-latest-news","tag-choice-international-share-price","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) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Smallcap stock jumps 3% after its subsidiary secures 45MW Solar Plant project in Maharashtra - 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