India's Power and Instrumentation (Gujarat) rises after order win

Power and Instrumentation (Gujarat)

28/08/2025 09:21

** Shares of Power and Instrumentation (Gujarat) Ltd POER.NS rise 2% to 153 rupees
** The electric contracting co gets work order worth 95 million rupees ($1.1 million) from Sadashiv Projects India for design, engineering, supply, testing for 5.00 MWP solar ground mounted projects
** Stock on track to snap two monthly loss; gained 14.9% so far in Aug
** More than 23,000 shares traded, more than half of their 30-day moving avg of 42,067 shares
** POER down ~55% YTD so far

   ($1 = 87.5060 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))