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News for India > Business > Green Infra stock hits 5% upper circuit after ₹615 crore order | Do you own? | Stock Market News
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Green Infra stock hits 5% upper circuit after ₹615 crore order | Do you own? | Stock Market News

Last updated: October 7, 2026 2:27 pm
11 hours ago
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Circuit-to-circuit stock | Close to 52-week highSwaastika Infra ₹615 crore order news

Circuit-to-circuit stock: Amid muted trends on Dalal Street, some stocks are still trading green with sizeable gains during the intraday session on Wednesday. Swastika Infra shares are one of them. The infra stock is one of the circuit-to-circuit stocks of the Indian stock market. As the name suggests, it has hit 5% upper circuit during the Wednesday session.

The green infra company has informed the Indian exchanges about the receipt of an order of ₹615.76 crore from MSEDCL. After the exchange filing, bulls lash on the green infra stock, leading to no sellers available for the stock.

Circuit-to-circuit stock | Close to 52-week high

Swasatika Infra share price today opened with an upside gap at ₹209.80 apiece on the NSE and hit an intraday high of ₹210.13 apiece. While climbing to this intraday high, the circuit-to-circuit stock hit the 5% upper circuit and came close to its 52-week high of ₹220.50, achieved on 1st October 2026.

Swaastika Infra ₹615 crore order news

The green infra company informed the exchanges on Wednesday about the receipt of ₹615.76 crore order, saying, “Swastika Infra Limited, one of the leading EPC player in the Power Transmission & Distribution (T&D) and Renewable sector, has secured a Letter of Award (LOA) worth approximately ₹615.76 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the Development of Distribution Infrastructure & System Strengthening works at Bhandup Zone, Maharashtra.”

This is the largest single order in Swastika Infra’s history – a landmark win equivalent to approximately 1.2 times the Company’s FY26 revenue of ₹504 crores, providing substantial execution visibility by materially strengthening its order pipeline post equity fund raise of ~ ₹130 crores in its recently concluded IPO. Following this win, the Company’s unexecuted order book stands at ~ ₹1,400 crores, with presence across 9 states, creating a stronger platform for sustained revenue growth and geographical expansion.

This order marks further expansion of Swastika Infra’s geographical footprint and strengthening its position as a multistate power infrastructure EPC player with operations across 9 states.

Maharashtra is among India’s leading power-consuming states and, consequently, attracts high investment in the Power T&D sector. Entry into the state is therefore of strategic significance for the Company, both for its long-term growth and for building its credentials in a large, investment-intensive Power T&D ecosystem.

Disclaimer: This story is for educational and informational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified financial experts before making any investment decisions.



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