India, Jan. 8 -- This company is in the business of engineering, procurement, and construction (EPC - power & solar) projects for electrification, power substations, and underground cabling is now in the spotlight after securing an order from Hubli Electricity Supply Company Limited (HESCOM).

With a market capitalisation of Rs. 59.9 cr, the shares of Promax Power Ltd are currently trading at Rs. 23.94 per share, increasing nearly 9% in today's market session, up from its previous close of Rs. 22 per share.

About the order Promax Power Limited has about the receipt of a Letter of Award (LOA) from Hubli Electricity Supply Company Limited (HESCOM), a Government of Karnataka undertaking. The LOA is for setting up a 6.0 MW (AC) grid-connecte...