Parth Electricals Secures ₹45.40 Crore Order for Data Centre Substations
Parth Electricals & Engineering Limited has secured a new order valued at ₹45.40 Crore for the supply of Medium Voltage (MV) Block Compact Substations. The order pertains to an AI Factory - Data Centre project being developed in Jamnagar, Gujarat.The contract is scheduled for execution over the next six months. This new business development further strengthens the company's position within the rapidly expanding data centre infrastructure segment.
According to the company, the securing of this order reflects its technological capabilities and execution track record, positioning it to actively participate in the growing data centre ecosystem across India.
As of the date of the announcement, the company's total order book stands at ₹271.59 Crore.
Key financial and operational details regarding the recent development are as follows:
| Metric | Details |
|---|---|
| New Order Value | ₹45.40 Crore |
| Project Scope | MV (Medium Voltage) Block Compact Substations |
| Project Location | Jamnagar, Gujarat |
| Execution Period | Next six months |
| Total Order Book | ₹271.59 Crore |
The company confirmed that the Chief Financial Officer, Bhavin Chavda, managed the process for the order, establishing the company's involvement in critical infrastructure supporting cloud computing and artificial intelligence initiatives.
PARTH Stock Price Movement
As of 10:10 AM, shares of Parth Electricals & Engineering Limited are slipping by 4.96% in live trading, currently trading at ₹380.35. The stock has seen significant activity in the morning session, logging a total traded volume of 26,400 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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