S&S Power Switchgear Stock Surges on Rs 50 Cr Vedanta Order
By ThePip Desk
S&S Power Switchgear’s stock hits upper circuit after subsidiary secures over Rs 50 crore order from Vedanta Aluminium Metal for Pot Control Systems.
S&S Power Switchgear’s stock surged to its upper circuit limit today, closing at Rs. 296.75 on the BSE after its wholly owned subsidiary secured a significant purchase order.
The company’s arm, Hamilton Research & Technology (HART), received an order exceeding Rs 50 crore from Vedanta Aluminium Metal for Pot Control System supply and associated services.
Market Movement Snapshot
- Current Trading Price: Rs. 296.75
- Daily Gain: 26.95 points (9.99%)
- Previous Close: Rs. 269.80
- Opened At: Rs. 296.00
- Shares Traded: 609
This substantial order, valued at over Rs 50 crore, covers the supply of Pot Control System and related installation and commissioning services. Completion is phased, with part expected in the current financial year and the remainder in the next.
Stock Performance Metrics
- Face Value: Rs. 10
- 52-Week High: Rs. 456.00 (September 16, 2025)
- 52-Week Low: Rs. 202.50 (December 09, 2025)
- Last Week’s High: Rs. 326.60
- Last Week’s Low: Rs. 264.05
- Current Market Capitalization: Rs. 366.24 crore
S&S Power Switchgear specializes in the manufacturing of High voltage Disconnectors within India. The company’s shareholding structure shows promoters hold 74.97%, institutions 0.28%, and non-institutions 24.75%.
The order from Vedanta Aluminium Metal underscores a positive trajectory for S&S Power Switchgear, with the stock reacting strongly to the new business inflow and reaching its daily upper circuit limit.