Announced Mon, 5 Oct, 2026 · 15:48 IST
Jainik Power Cables gets vendor registration with MP power utility
JAINIK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹186.35
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.1+0.9————————
Up moveDown movePending
AI summary
Jainik Power Cables has secured vendor registration with M.P. Madhya Kshetra Vidyut Vitaran Company (MPMKVVCL), a Madhya Pradesh government undertaking. Registration, valid till September 2029, covers 11 kV covered conductors, AAAC and ACSR conductors, LT XLPE cables and Aerial Bunched Cables. The company's utility approval footprint now spans five states: Gujarat, Andhra Pradesh, Maharashtra, Chhattisgarh and Madhya Pradesh.
Likely market impact
Positive - multi-state utility approvals strengthen positioning for DISCOM and EPC supply opportunities, expanding market reach.