Synopsis: Four stocks, including Supreme Power, Cryogenic OGS, and Monarch Surveyors, gained attention after securing new contracts from Suzlon Group and others 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 segment. Here’s a closer look at four such stocks now in focus following their latest contract wins.
Supreme Power Equipment Ltd
Supreme Power Equipment Limited is an Indian electrical equipment manufacturing company. The company specializes in the manufacturing, assembly, and fabrication of power and distribution transformers, serving utilities, industrial clients, and renewable energy projects. Its product range includes power transformers, distribution transformers, windmill transformers, solar transformers, converter and rectifier transformers, isolation transformers, and isolators.
With a market capitalization of Rs. 381.61 Crores on the Day’s Trade, the shares of Supreme Power Equipment Ltd declined by 4.7 percent, reaching a low of Rs. 152.50 compared to its previous close of Rs. 160.10.
Supreme Power Equipment Limited announced that it has secured a new domestic order worth Rs. 5.20 crore from an EPC company based in Karnataka. The order involves the supply of 20 MVA, 110/33-11KV power transformers, which the company expects to execute within approximately six months.
Cryogenic OGS Limited
Cryogenic OGS Limited is an engineering and manufacturing company based in Vadodara, Gujarat, India. The company specialises in designing, manufacturing, and supplying measurement, filtration, and dosing systems used in industries such as oil & gas, chemicals, and allied fluid sectors. Its product range includes gas and liquid metering skids, basket strainers, air eliminators, additive dosing skids, pressure reduction systems, and prover tanks.
With a market capitalization of Rs. 252.76 Crores on the Day’s Trade, the shares of Cryogenic Ogs Ltd rose by 0.53 percent, reaching a high of Rs. 178.80 compared to its previous close of Rs. 177.85.
Cryogenic OGS Limited has received a Letter of Intent (LOI) from Suzlon Western India Projects Limited for the supply of Root Support and Tip Support. The order, valued at Rs. 1.20 crores (including GST), is a domestic contract and is expected to be executed within 8–10 weeks.
Nitiraj Engineers Ltd
Nitiraj Engineers Ltd is an Indian engineering and electronics manufacturing company. It is one of the leading manufacturers of electronic weighing scales and systems, as well as currency counting machines, digital fare meters, automation and security products, marketed under the brand name PHOENIX.
With a market capitalization of Rs. 225.51 Crores on the Day’s Trade, the shares of Nitiraj Engineers Ltd rose by 3.7 percent, reaching a high of Rs. 230.00 compared to its previous close of Rs. 221.72.
Nitiraj Engineers Limited has received an order from the Women Welfare Department – Lucknow, Lucknow, Uttar Pradesh, for the supply of 58,237 weighing scales (Brand: PHOENIX, Model: PAS-150, Class III accuracy with LED display and lithium battery) for Mother & Child use. The total order value is Rs. 8.66 crore (including GST) and is to be executed within 60 days from the order date.
Monarch Surveyors and Engineering Consultants Ltd
Monarch Surveyors and Engineering Consultants Ltd is an Indian civil engineering consultancy firm based in Pune, Maharashtra, that provides end‑to‑end infrastructure consulting services across the lifecycle of major projects, from initial surveys and feasibility studies to detailed design, engineering, and project management.
With a market capitalization of Rs. 277.46 Crores on the Day’s Trade, the shares of Monarch Surveyors and Engineering Consultants Ltd declined by 2.35 percent, reaching a low of Rs. 195.30 compared to its previous close of Rs. 200.00.
Monarch Surveyors and Engineering Consultants Limited has received a work order from Maharashtra State Road Development Corporation Limited to provide consultancy services for preparing a Detailed Project Report (DPR), assisting in the bidding process, and supporting land acquisition for a proposed dam project at Chavani village in Khalapur taluka, Raigad district, Maharashtra. The project has been awarded through a joint venture in which Monarch holds a 70% stake, with a total contract value of Rs. 4.99 crore.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
