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Smallcap civil construction company stock zooms 86% in 3 weeks. Do you own?

Shares of BGR Energy Systems hit an over 11-year high at ₹209.65, and were quoting higher for the sixth straight trading day, surging 28% during this period.

Leading brokers are expected to increase brokerage rates in the coming weeks, as they navigate a series of regulatory changes that are expected to squeeze profitability.

BGR Energy System Share Price

Deepak Korgaonkar Mumbai

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BGR Energy Systems share price today

 
Shares of BGR Energy Systems hit an over 11-year high at ₹209.65, and were locked at the 5 per cent upper circuit on the BSE in Friday’s intra-day trade in an otherwise tepid market. In comparison, the BSE Sensex was down 0.23 per cent at 80,535 at 01:37 PM.
 
The stock price of the smallcap civil construction company quoted higher for the sixth straight trading day, and has surged 28 per cent during this period. In the past three weeks, it has zoomed 86 per cent from a level of ₹112.61 on August 14, 2025. It was trading at its highest level since July 2014.
 
 
Currently, BGR Energy trades under 'T' or Trade-for-Trade (T) group on the BSE. The T group is a surveillance measure that requires securities to be settled on a trade-to-trade basis. 

What's driving BGR Energy stock price?

 
BGR Energy is engaged in Engineering Procurement Construction (EPC), Balance of Plant (BOP) and LSTK contracting, provides construction services and technology oriented projects to the infrastructure and core sectors and manufacture of high tech equipment and systems for power, oil, gas and other process industries.
 
On August 14, 2025, while announcing the June 2025 quarter (Q1FY26) results, BGR Energy in its notes said the Promoters have infused unsecured loan of ₹433.18 crore for business operation upto June 30, 2025. Though there has been encashment of Bank Guarantees, the company is continuing to execute the contracts and are hopeful of amicable solutions. The company is in discussions with the Bankers for a restructuring package. Based on the above, the company is of the opinion that the accounts will be stated on a Going Concern basis.
 
On July 22, 2025, BGR Energy had informed that the company received a ‘termination of contract’ letter from Tamil Nadu Power Generation Corporation Ltd (TNGCPL) (erstwhile TANGEDCO). This is with respect to establishment of 1 x 800 MW North Chennai Super Critical Thermal Power Project, Stage III – Balance of Plant (BOP) package along with allied civil works EPC contract of value ₹2600.02 crore, the company said.
 
BGR Energy said the company was awaiting a positive outcome out of the Arbitration application pending before the Hon’ble High Court of Madras in this matter.
 
Meanwhile, in the backdrop of challenges in the thermal power sector in India and global markets as well, BGR Energy in its FY25 annual report said that the company initiated a number of strategic initiatives. The company identified a critical need for shift from current business segments and identified some sectors as key drivers for growth in the medium term and to diversify into adjacent business sectors. 
 
The company’s proven and successful track record and competencies could be leveraged for growth in these emerging industrial, core and infrastructure sectors. These segments include: (i) Water and water treatment solutions (ii) Electricity Transmission & Distribution (iii) Transport infrastructure viz.,Metro, Railways and Highways (iv) Civil construction; (v) Project exports and (vi) Oil & Gas and manufacture of equipment and systems for Indian industry and international markets. 
 
With state-run genco NTPC announcing that it is planning to be a 130 GW company in 2032, there is huge growth forecasted in thermal power sector which augurs well for the company’s growth, BGR Energy said.
 
There is also huge scope in renovation & modernization of existing power plants, including replacement of old units with new power plants. In order to comply with the new emission standards, installation of Flue Gas Desulfurization units in existing power plants presents a new market segment to capitalize for the company. The company is also exploring various business opportunities in Extra High Voltage (EHV) underground cabling projects, Traction Substation projects from Railways, Electrification packages for upcoming private projects, etc.
 

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First Published: Sep 05 2025 | 1:58 PM IST

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