Parth Electricals Secures New Orders from TATA Power Central Odisha Distribution
Parth Electricals & Engineering Limited has secured new orders for 11KV Compact Substations from TATA Power Central Odisha Distribution Limited. The contract is expected to commence in the utilities segment at the beginning of the Financial Year 2026-27.The aggregate value of the new orders received from TATA Power Central Odisha Distribution Limited, a joint venture of Tata Power and the Government of Odisha, is ₹ 923.40 Lakh, equating to ₹ 9.23 Crore.
These orders are structured as a rate contract and include a provision for potential extension further during the year. The company notes that these orders are anticipated to be executed within 12 months from the date of receiving the respective Letters of Acceptance (LOA).
The successful execution of these new orders is expected to contribute positively to the Company's revenue and overall business growth.
As of the latest update, the Company's total order book stands at ₹22,619.17 lakh, representing ₹226.19 crore. Parth Electricals continues to focus on strengthening its position within both domestic and international markets, supported by a robust order pipeline and expanding customer base.
PARTH Stock Price Movement
Today, Parth Electricals & Engineering Limited shares settled at ₹324.50, finishing flat with no change of 0.00%. The stock traded today on a volume of 10,800 shares, charting a range between ₹314.10 and ₹329.60.Source:
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