13-Aug-2026      12:59

South West Pinnacle Exploration Ltd. gains 1.98% after securing Rs 18.71 crore contract from Odisha Lift Irrigation Corporation

South West Pinnacle Exploration Ltd. is up 1.98% to Rs 223.95, although the stock has declined recently, slipping 3.86% over the last week. South West Pinnacle Exploration Ltd. announced it has received a Letter of Intimation (LOI) from the Odisha Lift Irrigation Corporation Limited (OLIC), a Government of Odisha undertaking, for the installation, electrification, energisation, and commissioning of 500 deep borewells in the state. The aggregate value of the work, including GST, is approximately Rs 18.71 Crore, with a project execution timeframe of 180 days and requiring an initial security deposit of 2%. South West Pinnacle Exploration Ltd. shares saw a trading volume of 4039 today, a surge of 63.32% compared to the average volume of the last one week. South West Pinnacle Exploration Ltd. jumped by 63.35% year-over-year, outperforming the NIFTY50 index which experienced a 0.21% loss.

News source: Capital Market - Live News