Advait Energy Transitions shares rise over 6% on April 15, 2025, after being confirmed as the lowest bidder for a power system improvement project in Gujarat’s Bhavnagar Circle under PGVCL. The stock closed at ₹1,308.25 intraday, reflecting strong market confidence in the company’s growing project portfolio.
The project is aimed at enhancing the reliability of the power distribution network under the System Improvement (SI) scheme. The scope of work includes 11KV Medium Voltage Covered Conductor (MVCC) systems along with accessories. It is scheduled to be completed within 12 months.
The company said it will issue a detailed statement after receiving the official letter of intent or letter of award for the project.
Advait Energy Transitions, formerly known as Advait Infratech, provides specialised products and solutions for power transmission, substations, and telecommunications. Its portfolio includes stringing tools, OPGW and OFC cables, ACS, ERS, and OPGW joint boxes.
The company has a presence in the manufacturing and supply chain for critical power infrastructure components, playing a key role in transmission and network upgrade projects across India.
For the quarter ended December 2024 (Q3 FY25), Advait Energy Transitions reported a consolidated net profit of ₹9.78 crore, marking a 27.2% increase from ₹7.69 crore in the same quarter of the previous year. Net sales rose 35.4% to ₹98.45 crore in Q3 FY25 from ₹72.72 crore in Q3 FY24.
This performance reflects strong execution and growth in the company’s core business segments.
On April 15, 2025, Advait Energy Transitions shares opened at ₹1,275.00, higher than the previous close of ₹1,233.90. As of the end of the day, the stock was trading at ₹1,308.25 on the BSE, reflecting a 6.00% intraday gain.
The company’s 52-week high stands at ₹2,260.00, recorded on July 19, 2024, while the 52-week low of ₹1,020.00 was noted on March 17, 2025.
Advait Energy Transitions share price surge follows confirmation of the company emerging as the L1 bidder for a key power infrastructure project in Gujarat. The upcoming execution phase and formal award of the contract are expected to further define the company’s project pipeline for FY26.
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Published on: Apr 15, 2025, 2:57 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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