Chamunda Electrical and Chavda Infra jumps upto 6% after receiving new orders; Check the order details

Synopsis: Shares of Chamunda Electrical and Chavda Infra rose after both companies won new work orders. Chamunda Electrical reported an order value of Rs 16 crore, and Chavda Infra reported an order value of Rs 15.20 crore.

Fresh order wins have brought two small-cap infrastructure stocks back onto investors’ radar. With clearer execution visibility and solid order momentum, these companies are gaining attention as interest returns to niche infrastructure and EPC plays.

Chamunda Electrical

Chamunda Electrical Limited handles erection, testing, commissioning, and O&M of electrical substations up to 220 kV, plus related power infrastructure work. The company also runs a 1.5 MW solar power plant in Gujarat under a 25-year PPA with UGVCL, providing stable, long-term revenue alongside its core electrical services business.

With a market capitalisation of Rs 58.6 crore, the shares of Chamunda Electrical Ltd. made a day high of Rs 53.80 per share, up 6 percent from its previous day’s closing price of Rs 50.95 per share. In the last six months, the stock has delivered an impressive return of 18 percent.

Chamunda Electrical Limited has won a work order worth Rs 16 crore (excluding GST) to supply and install (EPC) a 4 MW solar power plant. The order covers 3 MW for ASHP Fintrade (OPC) Pvt Ltd and 1 MW for Mahadev Enterprises, reinforcing the company’s growing presence in the solar EPC sector and highlighting ongoing client confidence in its execution capabilities.

Chavda Infra 

Chavda Infra Limited is an Ahmedabad-based construction firm with more than 30 years of experience delivering residential, commercial, and institutional projects. The company is known for its focus on quality and safety and its use of modern construction technology, with a solid record of reliable project delivery.

With a market capitalisation of Rs 324 crore, the shares of Chavda Infra Ltd. made a day high of Rs 132.95 per share, up 9 percent from its previous day’s closing price of Rs 122 per share. In the last six months, the stock has delivered a positive return of 6 percent.

Chavda Infra Limited has won a new work order worth Rs 15.20 crore (excluding taxes) from HRS Aluglaze Limited to build an industrial factory on a turnkey basis at Bavla–Sanand Road, Ahmedabad. The project will be completed over 15 months and boosts the company’s robust order inflows, bringing its unexecuted order book to nearly Rs 900 crore and indicating strong revenue visibility ahead.

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