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Ashish Kacholia-backed stock hit an all-time high; do you have this energy stock in your portfolio?

Published on 21/07/2025 02:14 PM

Shares of this smallcap energy stock continued their rally on Monday, surging to a fresh 52-week high of Rs 2,350, marking a 13 per cent intraday rally on the BSE. The sharp upmove comes on the back of robust order wins, sector tailwinds, and investor interest, including marquee names like Ashish Kacholia.

The stock has gained a staggering 130 per cent from its March 2025 low of Rs 1,020, making it one of the standout performers in the smallcap energy and infrastructure space.

As of May 2025, Advait Energy Transitions ltd had an unexecuted order book of Rs 800 crore, with 66 per cent of that stemming from its Power Transmission Solutions (PTS) division and the rest from New & Renewable Energy (NRE) projects. This includes notable wins worth Rs 265.5 crore in May alone, featuring clients like Power Grid Corporation.

The government's ambitious renewable energy goals, integrating 500 GW of renewable energy capacity by 2030, are directly benefiting players like Advait. CRISIL Ratings estimates over Rs 1 trillion in capex in the Inter-State Transmission System (ISTS) sector through FY26- 27, double the outlay of the previous two years.

This momentum is translating into real business traction for EPC and infrastructure players tied to the renewable ecosystem.

Advait is no longer just a power transmission player. It has expanded aggressively into green energy with:

300 MW green hydrogen production capacity under India’s PLI scheme

50 MW Battery Energy Storage System (BESS)

Over 200 MW solar integration projects

This makes it a diversified and future-ready bet on the clean energy transition.

Investor sentiment also got a boost from the revelation that ace investor Ashish Kacholia held a 2.67 per cent stake (288,185 shares as of March 2025). Though the June quarter shareholding pattern is awaited, the presence of such high-conviction investors typically attracts broader market attention in small-cap names.

According to Motilal Oswal Financial Services, India's cable and wire exports have delivered a 19% CAGR over FY20–25, with robust demand from global markets like the US, Europe, and the Middle East.

The shift towards low and medium-voltage (LMV/MV) cables for renewable integration, and product-level certifications for global markets, is creating a structural long-term demand story for Indian manufacturers.

Current Price: Rs 2,258.70 (up 8.25% intraday)

52-Week Range: Rs 1,020 – Rs 2,350

2-Week Gain: 32%

YTD Gain: Over 100%

With a well-diversified project pipeline, strong execution track record, and exposure to high-growth areas like green hydrogen and BESS, Advait Energy Transitions is increasingly being viewed as more than just a transmission player.

If government-backed energy reforms stay on track and execution remains robust, this stock might continue to shine in the smallcap power & renewables space.

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