Rs 313.70 crore total order in hand: Power electronics company has been declared as L-1 bidder for order of Rs 45.72 crore from Karnataka Power Transmission Corporation Ltd
DSIJ Intelligence-1 / 21 Aug 2025/ Categories: Multibaggers, Trending
The stock has given multibagger returns of 100 per cent from its 52-week low of Rs 107.10 per share.
Prostarm Info Systems Limited, a power electronics firm, has been declared the L-1 bidder by Karnataka Power Transmission Corporation Limited (KPTCL) for a significant project. The company will be setting up a 150 MW/300 MWh Standalone Battery Energy Storage System at the 400kV Doni Substation in Gadag District, Karnataka. This project, awarded under a Tariff Based Competitive Bidding (TBCB) mode, will operate on a Build-Own-Operate (BOO) basis for 12 years. Prostarm will receive a rental of Rs 2.54 lakhs/MW/Month, amounting to a yearly rental of Rs 45.72 crore for the 150MW/300MWh system, along with VGF (State Component) funding.
DSIJ offers a service 'PAS' which provides stock recommendations that have the potential to generate excellent returns on your portfolio. If this interests you, then do download the service details pdf here
About the Company
Prostarm Info Systems Limited specialises in the design, manufacture, assembly, sale and servicing of Energy Storage and Power Conditioning Equipment under its proprietary brand in India. Their diverse product line encompasses UPS systems, inverters, lift inverters, solar hybrid inverters, lithium-ion battery packs, SCVS and isolation transformers, available as both standard and customised solutions produced in-house and through partners. Beyond their offerings, Prostarm also trades in third-party products such as batteries, IT assets and solar panels. Furthermore, the company undertakes rooftop solar EPC projects nationwide and provides comprehensive value-added services including installation, rentals, after-sales support and Annual Maintenance Contracts (AMC).
DSIJ offers a service 'PAS' which provides stock recommendations that have the potential to generate excellent returns on your portfolio. If this interests you, then do download the service details pdf here
The company has a market cap of over Rs 1,200 crore and has Rs 313.70 crore total order in hand. On Thursday, shares of Prostarm Info Systems Ltd gained 2.8 per cent to Rs 214.70 per share from its previous closing of Rs 208.90 per share. The stock has a 52-week high of Rs 253 per share while its 52-week low of Rs 107.10 per share. The stock has given multibagger returns of 100 per cent from its 52-week low of Rs 107.10 per share.
Disclaimer: The article is for informational purposes only and not investment advice.