Jyoti Structures touches roof on securing contract from Adani Transmission
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Jyoti Structures is currently trading at its upper circuit limit of Rs. 20.20, up by 0.95 points or 4.94% from its previous closing of Rs. 19.25 on the BSE.
The scrip opened at Rs. 20.20 and has touched a high and low of Rs. 20.20 and Rs. 20.20 respectively. So far 14174 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. 4.12 on 28-May-2021.
Last one week high and low of the scrip stood at Rs. 20.20 and Rs. 17.40 respectively. The current market cap of the company is Rs. 1281.75 crore.
The Institutions and Non-Institutions held 10.43% and 89.57% stake respectively in the company.
Jyoti Structures has secured a contract from Adani Transmission for turnkey design, supply and construction of 765 KV Double Circuit transmission line from Khavda to Bhuj in Gujarat. The contract valued at Rs 382 crore including GST is to be executed in about 17 months by August 31, 2023.
Jyoti Structures is an engineering, procurement and construction (EPC) service provider.
