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ADVAIT
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- 6M
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Recent events
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News
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Corporate Actions
Advait Energy Transitions Enters MoU With Haryana City Gas Distribution
Jan 22 (Reuters) - Advait Energy Transitions Ltd ADVR.BO:
ENTERS MOU WITH HARYANA CITY GAS DISTRIBUTION
MOU INCLUDES 2000 MTPA GREEN HYDROGEN PLANT AND 15MW ELECTROLYSERS
Source text: ID:nBSEnNKHG
Further company coverage: ADVR.BO
(([email protected];;))
Jan 22 (Reuters) - Advait Energy Transitions Ltd ADVR.BO:
ENTERS MOU WITH HARYANA CITY GAS DISTRIBUTION
MOU INCLUDES 2000 MTPA GREEN HYDROGEN PLANT AND 15MW ELECTROLYSERS
Source text: ID:nBSEnNKHG
Further company coverage: ADVR.BO
(([email protected];;))
Advait Energy Transitions Receives Letter Of Award From Solar Energy Corporation Of India
Jan 20 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
RECEIVES LETTER OF AWARD FROM SOLAR ENERGY CORPORATION OF INDIA
LOA FOR PLI FOR SETTING UP CAPACITIES OF 200 MW ALKALINE ELECTROLYSERS
Source text: ID:nBSE6VSQ0V
Further company coverage: ADVF.BO
(([email protected];;))
Jan 20 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
RECEIVES LETTER OF AWARD FROM SOLAR ENERGY CORPORATION OF INDIA
LOA FOR PLI FOR SETTING UP CAPACITIES OF 200 MW ALKALINE ELECTROLYSERS
Source text: ID:nBSE6VSQ0V
Further company coverage: ADVF.BO
(([email protected];;))
Advait Energy Transitions Says Received Letter Of Intent From Gujarat Urja Vikas Nigam
Jan 8 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
ADVAIT ENERGY TRANSITIONS - RECEIVED LETTER OF INTENT FROM GUJARAT URJA VIKAS NIGAM
ADVAIT ENERGY TRANSITIONS - LOI FOR 50 MW OF 500 MW/1000 MWH STORAGE SYSTEMS PROJECT
Source text: ID:nBSE58nWrP
Further company coverage: ADVF.BO
(([email protected];))
Jan 8 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
ADVAIT ENERGY TRANSITIONS - RECEIVED LETTER OF INTENT FROM GUJARAT URJA VIKAS NIGAM
ADVAIT ENERGY TRANSITIONS - LOI FOR 50 MW OF 500 MW/1000 MWH STORAGE SYSTEMS PROJECT
Source text: ID:nBSE58nWrP
Further company coverage: ADVF.BO
(([email protected];))
India's Advait Infratech rises on order win
** Shares of industrial equipment maker Advait Infratech ADVF.BO rise 5% to 1,713.35 rupees
** Co gets a domestic order from NRSS Transmission for supply, installation of optical ground wire for a 400 KV transmission line
** ADVF on track to end a four-week losing streak if trend holds
** Stock gains ~188% YTD
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of industrial equipment maker Advait Infratech ADVF.BO rise 5% to 1,713.35 rupees
** Co gets a domestic order from NRSS Transmission for supply, installation of optical ground wire for a 400 KV transmission line
** ADVF on track to end a four-week losing streak if trend holds
** Stock gains ~188% YTD
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
Advait Energy Transitions Gets Order For Supply Of 24 F Opgw On Turkey Basis
Dec 5 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
GETS ORDER FOR SUPPLY OF 24 F OPGW ON TURKEY BASIS
Source text: ID:nBSE55WN5x
Further company coverage: ADVF.BO
(([email protected];))
Dec 5 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
GETS ORDER FOR SUPPLY OF 24 F OPGW ON TURKEY BASIS
Source text: ID:nBSE55WN5x
Further company coverage: ADVF.BO
(([email protected];))
Advait Energy Transitions Says Declared As Qualified Bidder For 50 MW/500Mw Energy Storage Project
Dec 2 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
ADVAIT ENERGY TRANSITIONS - DECLARED AS QUALIFIED BIDDER FOR 50 MW/500MW ENERGY STORAGE PROJECT
Source text: ID:nBSE3ZMXj2
Further company coverage: ADVF.BO
(([email protected];))
Dec 2 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
ADVAIT ENERGY TRANSITIONS - DECLARED AS QUALIFIED BIDDER FOR 50 MW/500MW ENERGY STORAGE PROJECT
Source text: ID:nBSE3ZMXj2
Further company coverage: ADVF.BO
(([email protected];))
Advait Energy Transitions Received Order Worth 67 Mln Rupees
Nov 1 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
ADVAIT ENERGY TRANSITIONS RECEIVED AN ORDER WORTH 67 MILLION RUPEES
Further company coverage: ADVF.BO
(([email protected];))
Nov 1 (Reuters) - Advait Energy Transitions Ltd ADVF.BO:
ADVAIT ENERGY TRANSITIONS RECEIVED AN ORDER WORTH 67 MILLION RUPEES
Further company coverage: ADVF.BO
(([email protected];))
India's Advait Infratech hits upper circuit on 2.96 bln-rupee order win
** Shares of Advait Infratech ADVF.BO rise 5% to 1,979.90 rupees, hitting upper circuit
** Industrial equipment maker gets order worth 2.96 bln rupees ($35.3 mln) to set up manufacturing of electrolysers
** ADVF was up ~4% before announcement
** Stock has more than tripled so far this year
($1 = 83.9575 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Advait Infratech ADVF.BO rise 5% to 1,979.90 rupees, hitting upper circuit
** Industrial equipment maker gets order worth 2.96 bln rupees ($35.3 mln) to set up manufacturing of electrolysers
** ADVF was up ~4% before announcement
** Stock has more than tripled so far this year
($1 = 83.9575 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
Advait Infratech Gets Order Worth 203.3 Million Rupees
Aug 20 (Reuters) - Advait Infratech Ltd ADVF.BO:
GOT ORDER WORTH 203.3 MILLION RUPEES
Source text for Eikon: ID:nBSE1xyl4T
Further company coverage: ADVF.BO
(([email protected];))
Aug 20 (Reuters) - Advait Infratech Ltd ADVF.BO:
GOT ORDER WORTH 203.3 MILLION RUPEES
Source text for Eikon: ID:nBSE1xyl4T
Further company coverage: ADVF.BO
(([email protected];))
Advait Infratech Says Unit Has Invested In Teco 2030 AS
Aug 9 (Reuters) - Advait Infratech Ltd ADVF.BO:
ADVAIT INFRATECH LTD - UNIT HAS INVESTED IN TECO 2030 AS
Source text for Eikon: ID:nBSE47W39j
Further company coverage: ADVF.BO
(([email protected];))
Aug 9 (Reuters) - Advait Infratech Ltd ADVF.BO:
ADVAIT INFRATECH LTD - UNIT HAS INVESTED IN TECO 2030 AS
Source text for Eikon: ID:nBSE47W39j
Further company coverage: ADVF.BO
(([email protected];))
Advait Infratech Gets Order From PGCIL For 350.8 Million Rupees
July 18 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS ORDER FROM PGCIL FOR 350.8 MILLION RUPEES
Source text for Eikon: ID:nBSE9C0Pmt
Further company coverage: ADVF.BO
(([email protected];))
July 18 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS ORDER FROM PGCIL FOR 350.8 MILLION RUPEES
Source text for Eikon: ID:nBSE9C0Pmt
Further company coverage: ADVF.BO
(([email protected];))
Advait Infratech To Issue Warrants Convertible Into Shares Worth Up To 255 Mln Rupees
July 11 (Reuters) - Advait Infratech Ltd ADVF.BO:
APPROVED ISSUE OF WARRANTS CONVERTIBLE INTO SHARES WORTH UP TO 255 MILLION RUPEES
Source text for Eikon: ID:nBSE9yPT9F
Further company coverage: ADVF.BO
(([email protected];))
July 11 (Reuters) - Advait Infratech Ltd ADVF.BO:
APPROVED ISSUE OF WARRANTS CONVERTIBLE INTO SHARES WORTH UP TO 255 MILLION RUPEES
Source text for Eikon: ID:nBSE9yPT9F
Further company coverage: ADVF.BO
(([email protected];))
India's Advait Infratech rises on 726.9 mln rupees order win
** Shares of Advait Infratech ADVF.BO up ~2% at 1,968.50 rupees
** Stock climbed as much as 4.5% in early trading before paring some gains
** ADVF's unit wins two orders aggregating to 726.9 mln rupees (~$9 mln)
** Trading volume in line with 30-day moving average
** Stock more than tripled so far this year, set for fourth straight annual gain
($1 = 83.4850 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Advait Infratech ADVF.BO up ~2% at 1,968.50 rupees
** Stock climbed as much as 4.5% in early trading before paring some gains
** ADVF's unit wins two orders aggregating to 726.9 mln rupees (~$9 mln)
** Trading volume in line with 30-day moving average
** Stock more than tripled so far this year, set for fourth straight annual gain
($1 = 83.4850 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
Advait Infratech Gets Letter Of Intent
July 9 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS LETTER OF INTENT FROM KP GROUP OF COMPANIES FOR 726.9 MILLION RUPEES
Source text for Eikon: ID:nBSE71lsVH
Further company coverage: ADVF.BO
(([email protected];;))
July 9 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS LETTER OF INTENT FROM KP GROUP OF COMPANIES FOR 726.9 MILLION RUPEES
Source text for Eikon: ID:nBSE71lsVH
Further company coverage: ADVF.BO
(([email protected];;))
India's Advait Infratech gains on order win
** Shares of Advait Infratech ADVF.BO rise 4% to 1,914 rupees
** Industrial machinery and equipment maker gets 162.7 mln rupees (~$2 mln) order from Gujarat Energy Transmission Corp
** Stock up ~32% so far in June, set for best monthly gain since Feb
($1 = 83.5350 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Advait Infratech ADVF.BO rise 4% to 1,914 rupees
** Industrial machinery and equipment maker gets 162.7 mln rupees (~$2 mln) order from Gujarat Energy Transmission Corp
** Stock up ~32% so far in June, set for best monthly gain since Feb
($1 = 83.5350 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Advait Infratech Gets Order Worth 162.7 Million Rupees
June 13 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS ORDER WORTH 162.7 MILLION RUPEES
GETS ORDER FROM GUJARAT ENERGY TRANSMISSION CORPORATION
Further company coverage: ADVF.BO
(([email protected];))
June 13 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS ORDER WORTH 162.7 MILLION RUPEES
GETS ORDER FROM GUJARAT ENERGY TRANSMISSION CORPORATION
Further company coverage: ADVF.BO
(([email protected];))
Advait Infratech Completes Project Execution And Commissioning Of Micro-Grid System
April 11 (Reuters) - Advait Infratech Ltd ADVF.BO:
COMPLETION OF PROJECT EXECUTION AND COMMISSIONING OF MICRO-GRID SYSTEM AT THDCIL OFFICE COMPLEX
CONDUCT OF PGTR FOR 110-HOUR TRIAL FOR GREEN HYDROGEN-BASED MICRO-GRID PROJECT AT THDCIL, RISHIKESH
Source text for Eikon: ID:nBSE3RJrmT
Further company coverage: ADVF.BO
(([email protected];))
April 11 (Reuters) - Advait Infratech Ltd ADVF.BO:
COMPLETION OF PROJECT EXECUTION AND COMMISSIONING OF MICRO-GRID SYSTEM AT THDCIL OFFICE COMPLEX
CONDUCT OF PGTR FOR 110-HOUR TRIAL FOR GREEN HYDROGEN-BASED MICRO-GRID PROJECT AT THDCIL, RISHIKESH
Source text for Eikon: ID:nBSE3RJrmT
Further company coverage: ADVF.BO
(([email protected];))
Advait Infratech Gets Orders Worth 366.4 Million Rupees
March 18 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS ORDERS WORTH 366.4 MILLION RUPEES
Source text for Eikon: ID:nBSE4159SC
Further company coverage: ADVF.BO
(([email protected];))
March 18 (Reuters) - Advait Infratech Ltd ADVF.BO:
GETS ORDERS WORTH 366.4 MILLION RUPEES
Source text for Eikon: ID:nBSE4159SC
Further company coverage: ADVF.BO
(([email protected];))
India gets bids for green hydrogen, electrolyser incentives
Changes source in paragraph 1, adds background, details in 4-7
By Sarita Chaganti Singh
NEW DELHI, Dec 15 (Reuters) - Reliance Industries RELI.NS, JSW Energy JSWE.NS, Torrent Power TOPO.NS and Bharat Petroleum Corp BPCL.NS are among 14 companies that have bid for incentives under India's green hydrogen plan, according to a government agency.
Twenty companies including Reliance Industries, Adani Group, Jindal India, Larsen & Toubro LART.NS and Bharat Heavy Electricals BHEL.NS have also submitted bids for incentives to manufacture electrolysers, statements from Solar Energy Corp of India said.
Both sets of bids were opened on Friday, the statements showed.
In July, India invited pilot bids under its $2 billion programme to incentivise production of green hydrogen and manufacturing of electrolysers.
Bids for 0.55 million metric tons of green hydrogen production have been received against the invited 0.45 million tons, the statements showed. The companies include Acme Cleantech, Sembcorp Green Hydrogen SEMB.NS, CESC CESC.NS, Greenko ZeroC and Avaada GreenH2, they said.
For an invitation to set up 1.5 gigawatts (GW) of electrolyser manufacturing capacity, bids for 3.4 GW were received, the statements showed.
Other bidders for electrolysers include Waaree Energies WAAN.NS, Ohmium Operations, Advait Infratech ADVF.BO and Acme Cleantech Solutions.
India aims to reach 5 million tons in annual green hydrogen production capacity by 2030.
(Reporting by Sarita Chaganti Singh Editing by David Evans and Mark Potter)
(([email protected];))
Changes source in paragraph 1, adds background, details in 4-7
By Sarita Chaganti Singh
NEW DELHI, Dec 15 (Reuters) - Reliance Industries RELI.NS, JSW Energy JSWE.NS, Torrent Power TOPO.NS and Bharat Petroleum Corp BPCL.NS are among 14 companies that have bid for incentives under India's green hydrogen plan, according to a government agency.
Twenty companies including Reliance Industries, Adani Group, Jindal India, Larsen & Toubro LART.NS and Bharat Heavy Electricals BHEL.NS have also submitted bids for incentives to manufacture electrolysers, statements from Solar Energy Corp of India said.
Both sets of bids were opened on Friday, the statements showed.
In July, India invited pilot bids under its $2 billion programme to incentivise production of green hydrogen and manufacturing of electrolysers.
Bids for 0.55 million metric tons of green hydrogen production have been received against the invited 0.45 million tons, the statements showed. The companies include Acme Cleantech, Sembcorp Green Hydrogen SEMB.NS, CESC CESC.NS, Greenko ZeroC and Avaada GreenH2, they said.
For an invitation to set up 1.5 gigawatts (GW) of electrolyser manufacturing capacity, bids for 3.4 GW were received, the statements showed.
Other bidders for electrolysers include Waaree Energies WAAN.NS, Ohmium Operations, Advait Infratech ADVF.BO and Acme Cleantech Solutions.
India aims to reach 5 million tons in annual green hydrogen production capacity by 2030.
(Reporting by Sarita Chaganti Singh Editing by David Evans and Mark Potter)
(([email protected];))
India's KPI Green Energy rises most in 2 months after order wins
** Shares of solar power generation company KPI Green Energy KPIG.NS rise as much as 7.1% to 885 rupees - their biggest gain in 2 months
** KPIG and Advait Infratech signed a memorandum of understanding with Uttarakhand govt to develop a 500 MW solar park
** KPIG also said its unit got order for a 2.10 MW capacity wind-solar hybrid power project from CTX Life Sciences
** More than 228,000 shares change hands by 10:46 a.m. IST, 1.6X the 30-day avg
** Stock last up 5.5%, bumping up YTD gains to ~100%
(Reporting by Anisha Ajith in Bengaluru)
** Shares of solar power generation company KPI Green Energy KPIG.NS rise as much as 7.1% to 885 rupees - their biggest gain in 2 months
** KPIG and Advait Infratech signed a memorandum of understanding with Uttarakhand govt to develop a 500 MW solar park
** KPIG also said its unit got order for a 2.10 MW capacity wind-solar hybrid power project from CTX Life Sciences
** More than 228,000 shares change hands by 10:46 a.m. IST, 1.6X the 30-day avg
** Stock last up 5.5%, bumping up YTD gains to ~100%
(Reporting by Anisha Ajith in Bengaluru)
Advait Infratech Enters MoU With Government Of Uttarakhand Along With KPI Green Energy
Nov 2 (Reuters) - Advait Infratech Ltd ADVF.BO:
ADVAIT INFRATECH LTD - ENTERED INTO MOU WITH GOVERNMENT OF UTTARAKHAND ALONG WITH KPI GREEN ENERGY
ADVAIT INFRATECH LTD - MOU FOR PRIMARY OBJECTIVE OF JOINTLY DEVELOPING SOLAR PARK IN STATE OF UTTARAKHAND
ADVAIT INFRATECH LTD - MOU IS VALID FOR DURATION OF 12 MONTHS
Source text for Eikon: ID:nBSE4g51Dg
Further company coverage: ADVF.BO
(([email protected];))
Nov 2 (Reuters) - Advait Infratech Ltd ADVF.BO:
ADVAIT INFRATECH LTD - ENTERED INTO MOU WITH GOVERNMENT OF UTTARAKHAND ALONG WITH KPI GREEN ENERGY
ADVAIT INFRATECH LTD - MOU FOR PRIMARY OBJECTIVE OF JOINTLY DEVELOPING SOLAR PARK IN STATE OF UTTARAKHAND
ADVAIT INFRATECH LTD - MOU IS VALID FOR DURATION OF 12 MONTHS
Source text for Eikon: ID:nBSE4g51Dg
Further company coverage: ADVF.BO
(([email protected];))
Advait Infratech Gets Order Worth 358 Million Rupees
July 28 (Reuters) - Advait Infratech Ltd ADVF.BO:
RECEIVED ORDER WORTH 358 MILLION RUPEES
ORDER FOR SUPPLY OF OPTICAL FIBER GROUND WIRE
Source text for Eikon: ID:nBSEbVWCMk
Further company coverage: ADVF.BO
(([email protected];;))
July 28 (Reuters) - Advait Infratech Ltd ADVF.BO:
RECEIVED ORDER WORTH 358 MILLION RUPEES
ORDER FOR SUPPLY OF OPTICAL FIBER GROUND WIRE
Source text for Eikon: ID:nBSEbVWCMk
Further company coverage: ADVF.BO
(([email protected];;))
Advait Infratech Signs A Memorandum Of Understanding With Sardar Patel Renewable Energy Research Institute
May 29 (Reuters) - Advait Infratech Ltd ADVF.BO:
SIGNED A MEMORANDUM OF UNDERSTANDING WITH SARDAR PATEL RENEWABLE ENERGY RESEARCH INSTITUTE
MOU TO FACILITATE COLLABORATION IN FIELD OF HYDROGEN GENERATION TECHNOLOGIES
Source text for Eikon: ID:nBSE2tV4XY
Further company coverage: ADVF.BO
(([email protected];))
May 29 (Reuters) - Advait Infratech Ltd ADVF.BO:
SIGNED A MEMORANDUM OF UNDERSTANDING WITH SARDAR PATEL RENEWABLE ENERGY RESEARCH INSTITUTE
MOU TO FACILITATE COLLABORATION IN FIELD OF HYDROGEN GENERATION TECHNOLOGIES
Source text for Eikon: ID:nBSE2tV4XY
Further company coverage: ADVF.BO
(([email protected];))
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What does Advait Energy do?
Advait Infratech Limited focuses on power transmission, substation, and telecommunication infrastructure, providing turnkey projects, product installation, and end-to-end solutions for global clients.
Who are the competitors of Advait Energy?
Advait Energy major competitors are Reliance Comm, Aksh Optifibre, MTNL, Sterlite Technologie, Railtel Corp. India, Tata Teleservice(Mah, Vodafone Idea. Market Cap of Advait Energy is ₹1,433 Crs. While the median market cap of its peers are ₹4,209 Crs.
Is Advait Energy financially stable compared to its competitors?
Advait Energy seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Advait Energy pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Advait Energy latest dividend payout ratio is 6.99% and 3yr average dividend payout ratio is 8.29%
How has Advait Energy allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances
How strong is Advait Energy balance sheet?
Balance sheet of Advait Energy is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Advait Energy improving?
Yes, profit is increasing. The profit of Advait Energy is ₹26.4 Crs for TTM, ₹21.88 Crs for Mar 2024 and ₹8.44 Crs for Mar 2023.
Is the debt of Advait Energy increasing or decreasing?
The debt of Advait Energy is decreasing. Latest debt of Advait Energy is -₹42.67 Crs as of Sep-24. This is less than Mar-24 when it was -₹30.65 Crs.
Is Advait Energy stock expensive?
Advait Energy is not expensive. Latest PE of Advait Energy is 53.48, while 3 year average PE is 90.09. Also latest EV/EBITDA of Advait Energy is 32.54 while 3yr average is 45.25.
Has the share price of Advait Energy grown faster than its competition?
Advait Energy has given better returns compared to its competitors. Advait Energy has grown at ~165.46% over the last 4yrs while peers have grown at a median rate of 18.55%
Is the promoter bullish about Advait Energy?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Advait Energy is 69.46% and last quarter promoter holding is 69.46%.
Are mutual funds buying/selling Advait Energy?
There is Insufficient data to gauge this.