Latest news with #PowerandInstrumentation
Business Standard
6 days ago
- Business
- Business Standard
Power and Instrumentation gains on securing Rs 3-cr work order from Nyati Engineering & Construction
Power and Instrumentation (Gujarat) added 2.40% to Rs 115 after the firm said that it has received a work order from Nyati Engineering & Construction valued at Rs 2.59 crore. The order involves design, supply, installations, testing, commissioning of ELV raceways and cable tray work at Udaipur Air Terminal, Rajasthan. The project is to be executed within 6 months from the effective date of the contract. The total cumulative value of work orders received for the Udaipur Air Terminal project now stands at Rs 56.36 crore. The promoter/promoter group/group companies have no interest in the entity that awarded the contract. The order does not qualify as a related party transaction. Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment. The companys consolidated net profit rose 4.9% to Rs 2.81 crore on 49.2% increase in revenue form operations to Rs 55.09 crore in Q4 FY25 over Q4 FY24.
Business Standard
05-07-2025
- Business
- Business Standard
Power and Instrumentation secures Rs 3-cr work order from Nyati Engineering & Construction
Power and Instrumentation (Gujarat) announced that it has received a work order from Nyati Engineering & Construction valued at Rs 2.59 crore. The order involves design, supply, installations, testing, commissioning of ELV raceways and cable tray work at Udaipur Air Terminal, Rajasthan. The project is to be executed within 6 months from the effective date of the contract. The total cumulative value of work orders received for the Udaipur Air Terminal project now stands at Rs 56.36 crore. The promoter/promoter group/group companies have no interest in the entity that awarded the contract. The order does not qualify as a related party transaction. Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment. The companys consolidated net profit rose 4.9% to Rs 2.81 crore on 49.2% increase in revenue form operations to Rs 55.09 crore in Q4 FY25 over Q4 FY24. The scrip tanked 4.99% to settle at Rs 122.30 on Friday, 4 July 2025.
Business Standard
05-06-2025
- Business
- Business Standard
Power and Instrumentation hits the roof on securing Rs 6.25 cr order
Power and Instrumentation (Gujarat) frozen at its upper limit of 5% of Rs 166 after it has received a work order from Nyati Engineering & Construction valued at Rs 6.25 crore. The order involves design, supply, installation, testing, commissioning, and client handover of the power supply system electrical work at the Udaipur Air Terminal in Rajasthan. The project is expected to be completed within a 6-month timeframe from the effective date, which is the date of award of the contract. The promoter, promoter group, and group companies do not have any interest in the entity that awarded the work order. Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment. The companys consolidated net profit rose 4.9% to Rs 2.81 crore on 49.2% increase in revenue form operations to Rs 55.09 crore in Q4 FY25 over Q4 FY24.
Business Upturn
05-05-2025
- Business
- Business Upturn
Power and Instrumentation (Gujarat) secures Rs 21.4 crore order for electrical work at Udaipur Air Terminal
By Aditya Bhagchandani Published on May 5, 2025, 12:27 IST Power and Instrumentation (Gujarat) Limited (PIGL) has announced the receipt of a significant work order valued at ₹21.4 crore, inclusive of GST. The project entails the design, supply, installation, testing, commissioning, and client handover of a complete power supply system for the Udaipur Air Terminal in Rajasthan. The order has been awarded by Nyati Engineering & Construction Private Limited, a domestic entity. As per the disclosure filed with the stock exchanges under SEBI's Regulation 30, the project is scheduled for completion within six months from the effective date of the award. According to the company, the contract does not fall under related party transactions, and there is no promoter group interest in the awarding entity. This win marks another strategic step for Power and Instrumentation (Gujarat) as it strengthens its position in India's critical infrastructure sector, particularly in high-visibility projects like airport utilities. Power and Instrumentation Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
