Introduction:
Leading infrastructure equipment provider has secured a significant ₹26 million contract from Jindal Stainless Limited. The deal involves supplying advanced heavy machines for an ongoing steel project, reinforcing its market presence and expected to enhance operational performance in the upcoming quarters.
Share price movement of Trishakti Industries:
On February 13, 2025, Trishakti Industries Ltd opened at ₹147.90, up 4.34% from its previous close of ₹141.75. The stock reached a high of ₹148.80 (4.97%) and a low of ₹139.05. By 3:15 PM, it traded at ₹148.80, rising 4.97%, with a market cap of ₹243.00 crore.
Trishakti Secures ₹26 Million Order:
Trishakti Industries Limited has secured a significant contract from Jindal Stainless Limited for supplying advanced heavy machines worth INR 26 million. This contract, aimed at supporting Jindal Stainless’ ongoing steel project, is expected to enhance operational efficiency and infrastructure capabilities.
The contract, set for immediate execution with a duration of five months, reinforces Trishakti Industries’ role in providing high-capacity equipment for large-scale industrial projects. The company anticipates that this deal will positively impact its operational performance in the upcoming quarters.
This domestic contract further strengthens Trishakti Industries’ relationship with Jindal Stainless Limited, marking a strategic milestone in its growth trajectory. The company’s commitment to delivering advanced machinery solidifies its position as a key player in the infrastructure and industrial equipment sector.
Recent news on Trishakti Industries:
As of January 29, 2025, Trishakti Industries Limited reported a 95.14% YoY decline in net sales to ₹1.57 crore, while net profit fell 93.09% to ₹0.02 crore. EBITDA, however, surged 84.21% to ₹1.05 crore.
Stock performance of Trishakti Industries for Period of 1 week, 6 months and 1 year:
Over the past week, Trishakti Industries Ltd saw a decline of 4.00%. However, the stock demonstrated strong growth over six months, rising by 68.6%. Over the past year, it delivered an impressive return of 198%, reflecting significant long-term gains.
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Shareholding pattern of Trishakti Industries:
Dec 2024 | Sep 2024 | Jun 2024 | |
Promoter | 68.70% | 36.60% | 36.60% |
FII | 0% | 0.00% | 0.00% |
DII | 0% | 0.00% | 0.00% |
Public | 31.30% | 63.50% | 63.50% |
About Trishakti Industries:
Trishakti Industries Ltd (BSE: 531279) is an infrastructure solutions provider specializing in heavy equipment leasing. With 100+ clients across 20+ industries, it supports large-scale projects and also engages in stock trading and oil & gas equipment marketing.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.