India, Feb. 4 -- This small-cap stock, engaged in manufacturing battery energy storage systems, power conditioning equipment, and sustainable energy transition solutions for utilities and industries worldwide, jumped 8.51 percent after securing an order worth Rs. 19.99 crore from the Maharashtra State Electricity Transmission Company Limited.

With a market capitalization of Rs. 1,688.20 crores, the share of Advait Energy Transitions Limited has reached an intraday high of Rs. 1,598.15 per equity share, rising nearly 8.51 percent from its previous day's close price of Rs. 1,472.85. Since then, the stock has retreated and is currently trading at Rs. 1,543.60 per equity share.

Reason Behind the Surge Advait Energy Transitions Limited has r...