Shivalic Power Control Secures ₹7 Million Order, Boosting Growth Momentum

Shivalic Power Control Limited has secured a new order worth ₹7 million, further strengthening its position in the electrical solutions market. This latest win adds to the company's impressive order book, which includes recent contracts from GMT Industries and Machino Plastics Ltd. Shivalic specializes in manufacturing a wide range of electrical panels and has shown consistent growth, with its H1FY25 revenue surpassing ₹53.5 crore, a 72% increase year-over-year. The company's stock has performed well, delivering over 140% returns since its IPO, reflecting investor confidence in its growth trajectory.

 

Sources: Angel One, DSIJ