Jyoti Structures surges on securing contract from Sterlite Power Transmission for turnkey project
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Jyoti Structures is currently trading at Rs. 17.50, up by 0.45 points or 2.64% from its previous closing of Rs. 17.05 on the BSE.
The scrip opened at Rs. 17.65 and has touched a high and low of Rs. 17.85 and Rs. 17.50 respectively. So far 51313 shares were traded on the counter.
The BSE group 'Z' stock of face value Rs. 2 has touched a 52 week high of Rs. 25.95 on 04-Feb-2022 and a 52 week low of Rs. 12.65 on 24-Jun-2022.
Last one week high and low of the scrip stood at Rs. 18.60 and Rs. 16.95 respectively. The current market cap of the company is Rs. 1126.29 crore.
The Institutions holding in the company stood at 10.43%, while Non-Institutions held 89.57%.
Jyoti Structures has secured a contract from Sterlite Power Transmission for turnkey supply and construction of 400 KV & 220 kV Double Circuit transmission line in Goa & Karnataka. The contract is valued at Rs 237 crore including GST and is to be commissioned in phased manner by December 2023 and July 2024.
Jyoti Structures is an engineering, procurement and construction (EPC) service provider.
