South West Pinnacle Exploration Ltd (SWPE) shares were trading higher at RS 130.70, up by 2.40 points or 1.87% from the previous close of RS 128.30 on the BSE.

The stock opened at RS 132.90 and touched an intraday high and low of RS 132.90 and RS 129.95 respectively. A total of 102 shares were traded so far on the counter.

The BSE Group ‘B’ stock, having a face value of RS 10, hit a 52-week high of RS 167.95 on 10-Dec-2024 and a 52-week low of RS 95.60 on 17-Mar-2025. Over the last week, the scrip recorded a high of RS 134.00 and a low of RS 125.00. The company’s current market capitalization stands at RS 389.88 crore.

In terms of shareholding, promoters hold 68.85%, while institutions and non-institutions hold 0.12% and 31.03% respectively.

The company announced that it has received two major work orders worth a total of RS 16.93 crore (including GST) for Coal Exploration and related services.

The first order, valued at RS 15.26 crore, was awarded by JSW Energy (Utkal) for conducting coal exploration, surveys, and geophysical logging in Odisha. This short-term project is expected to generate its entire revenue within FY 2026, contributing positively to the company’s top line.

The second order, worth RS 1.67 crore, came from the Central Mine Planning and Design Institute (CMPDI) — a Mini Ratna PSU and a 100% subsidiary of Coal India — for coal exploration work in Madhya Pradesh and Chhattisgarh.

South West Pinnacle Exploration is an integrated service provider specializing in end-to-end drilling and exploration of natural resources.