Surya Roshni inches up on obtaining orders worth Rs 608.63 crore
Surya Roshni is currently trading at Rs 438.40, up by 0.35 points or 0.08% from its previous closing of Rs. 438.05 on the BSE.
The scrip opened at Rs. 426.15 and has touched a high and low of Rs. 440.70 and Rs. 426.15 respectively. So far 4262 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 868.40 on 04-Oct-2021 and a 52 week low of Rs. 391.70 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 476.50 and Rs. 426.15 respectively. The current market cap of the company is Rs. 2386.65 crore.
The promoters holding in the company stood at 62.96%, while Institutions and Non-Institutions held 2.28% and 34.76% respectively.
Surya Roshni has obtained orders amounted to Rs 608.63 crore (including GST) for supply of API- 5L Grade X-70 3LPE Coated pipes and bare pipes from Indian Oil Corporation.
Surya Roshni is into the business of manufacturing electric resistance welded (ERW) steel pipes & lighting products, with facilities at Bahadurgarh (Haryana), Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh).