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ACME Solar and 3 other stocks in focus after securing work orders; Check the details

Alex Smith

Alex Smith

3 hours ago

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ACME Solar and 3 other stocks in focus after securing work orders; Check the details

Synopsis: Four stocks, including GHV Infra Projects Limited, Highway Infrastructure Ltd, K.P. Energy Ltd and ACME Solar Holdings Ltd, gained attention after securing new contracts that boosted their growth prospects.

Several companies have recently attracted investor attention after announcing fresh work orders that could significantly boost their revenue visibility and market standing. These developments highlight growing business momentum and potential turnaround opportunities within this cap segment. Here’s a closer look at four such stocks now in focus following their latest contract wins.

GHV Infra Projects Ltd

GHV Infra Projects Limited is a Mumbai-based infrastructure and construction company specializing in EPC (Engineering, Procurement, and Construction) contracts for roads, bridges, railways, and industrial projects. Formerly Sindu Valley Technologies, it was restructured in late 2024 by the GHV Group to focus on large-scale infrastructure, including projects for the central government and international clients. 

With a market capitalization of Rs. 1,890.89 crores on the day’s trade, the shares of the company hit a 5 percent upper circuit, making a high of Rs. 262.35 per share compared to its previous closing price of Rs. 249.90 per share.

GHV Infra Projects Limited has received a Work Order from MHK Buildcon LLP (LLPIN- ACC-3530) for the construction of a water storage pond and other associated works in Haryana. The project is valued at approximately Rs. 135 crore and is to be completed within 22 months. The order is domestic, involves civil construction works, and is not a related party transaction.

Highway Infrastructure Ltd

Highway Infrastructure Limited (HIL) is a public company specialized in infrastructure development, management, and toll collection across many states and Union Territories. HIL operates tollways using advanced ANPR and RFID technology and executes Engineering, Procurement, and Construction (EPC) projects, including roads, bridges, and civil structures. 

With a market capitalization of Rs. 408.09 crores on the day’s trade, the shares of the company jumped upto 1.4 percent, making a high of Rs. 56.90 per share compared to its previous closing price of Rs. 56.08 per share.

Highway Infrastructure Limited has been awarded a domestic contract by the National Highways Authority of India (NHAI) for operating the user fee collection at Mundka Fee Plaza (Km 22+750) as part of the UER-11 project (NH-344M & NH-344N) in Delhi and Haryana. The contract also includes upkeep and maintenance of adjacent toilet blocks. The contract value is Rs. 64.69 crore and is to be executed within 90 days.

K.P. Energy Ltd

KP Energy Limited (KPEL), established in 2010 and part of the Surat-based KP Group, is a leading Indian provider of turnkey Balance of Plant (BoP) solutions for wind and hybrid energy projects. Based in Gujarat, the company offers end-to-end services from site identification to commissioning, playing a key role in the renewable energy sector. 

With a market capitalization of Rs. 2,133.67 crores on the day’s trade, the shares of the company jumped upto 1.34 percent, making a high of Rs. 326.95 per share compared to its previous closing price of Rs. 322.60 per share.

K.P. Energy Limited has received a Letter of Award (LoA) from Solar Energy Corporation of India Limited (SECI) to develop a 100 MW ISTS-connected wind power project in Gujarat under Tranche XIX. The project was awarded through a competitive bidding process at a tariff of Rs. 3.67 per kWh and will be executed under the Independent Power Producer (IPP) segment. 

The company will begin supplying power within 24 months from the signing of the Power Purchase Agreement (PPA). With this project, KP Energy’s IPP portfolio is expected to increase to around 150 MW.

ACME Solar Holdings Ltd

ACME Solar Holdings Ltd is a leading Indian renewable energy independent power producer (IPP) managing a large-scale portfolio of solar, wind, hybrid, and FDRE projects. Founded by Manoj Kumar Upadhyay, it develops, constructs, and operates utility-scale projects with in-house EPC and O&M capabilities, supplying power to government-backed entities. 

With a market capitalization of Rs. 14,131.26 crores on the day’s trade, the shares of the company jumped upto 1.1 percent, making a high of Rs. 239.80 per share compared to its previous closing price of Rs. 237.10 per share.

ACME Solar Holdings Limited has received a Letter of Award (LOA) from Solar Energy Corporation of India Limited (SECI) to develop a 301 MW assured peak supply FDRE project under SECI’s FDRE Tranche VII. The project, with a tariff of Rs. 6.28 per unit, is scheduled for commercial operation within 24 months of PPA signing and will have a tenure of 25 years.

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