6 days ago
- Business
- Business Standard
S&S Power hits the roof after securing order from Transrail Lighting
S&S Power Switchgear hit an upper circuit of 2% to Rs 379.40 after the company's wholly owned subsidiary S&S Power Switchgear Equipment (SSPSE) received the letter of awards (LoA) from Transrail Lighting.
The order, valued at over Rs 5 crore, entails the supply of 400 kV disconnectors for a project in Botswana and is slated for execution within the current financial year.
S&S Power Switchgear is in the business of transmission & distribution of equipment industry, power sector-focused switchgear, P&C solutions and associated electrical systems, products, and services.
Transrail Lighting is an integrated transmission & distribution and pole manufacturing company.
Shares of Transrail Lighting surged 12.07% to Rs 791.75 on the BSE.