Bengaluru, June 17 -- The shares of the Micro-Cap stock specializing in the manufacturing and supply of power and distribution transformers hit a 2 percent upper circuit upon receiving multiple work orders worth Rs. 16.36 crores.

With a market capitalization of Rs. 485.70 crores on Tuesday, the shares of Supreme Power Equipment Limited hit a 2 percent upper circuit, making a high of Rs. 194.35 per share compared to its previous closing price of Rs. 190.55 per share. Supreme Power Equipment Limited, a leading manufacturer and supplier of power and distribution transformers, has recently secured two significant domestic orders.

The first order, valued at Rs. 8.80 crore, comes from an EPC company for KPTCL projects. It involves the supply ...