SMALLCAP STOCK IN THE NEWS AFTER SECURING Rs 214 CRORE ORDER FROM ADANI POWER SUBSIDIARIES

has secured a Rs 214 crore domestic contract from Adani Power Limited and its subsidiaries cooling water pump packages. The award covers supply, erection, testing and commissioning of Circulating Water Pumps based on concrete volute technology, along with Auxiliary Cooling Water Pumps and associated electrical and control systems. The order has been placed by ADANIPOWER and it's subsidiaries Anuppur Thermal Energy (MP) Pvt. Ltd. and Korba Power Limited for thermal power projects located in Madhya Pradesh, Assam, Chhattisgarh and Bihar, with a contract period of 18 to 24 months. Having a market cap of Rs 12,569 crore, the company has reported a profit growth of 65% CAGR over the past 3 years. With such new orders on hand, the company's profits are expected to grow further in the long term, making it an ideal investment option.