Jyoti Structures jumps on getting LoA worth Rs 260.85 crore
Jyoti Structures is currently trading at Rs. 10.60, up by 0.20 points or 1.92% from its previous closing of Rs. 10.40 on the BSE.
The scrip opened at Rs. 10.45 and has touched a high and low of Rs. 10.60 and Rs. 10.45 respectively. So far 519397 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 20.40 on 06-Sep-2022 and a 52 week low of Rs. 5.18 on 03-Apr-2023.
Last one week high and low of the scrip stood at Rs. 10.60 and Rs. 10.08 respectively. The current market cap of the company is Rs. 673.34 crore.
The Institutions and Non-Institutions held 12.84% and 87.16% stake in the company respectively.
Jyoti Structures has received a LoA (Letter of Award) from Apraava Energy for turnkey supply and construction of 400 KV Double Circuit transmission line in Rajasthan. The contract is valued at Rs 260.85 crore (including GST) & is to be executed by November 2024.
Jyoti Structures is an engineering, procurement and construction (EPC) service provider.
