Jost`s Engineering moves up on receiving LoA worth Rs 16 crore
JostS Engineering Company is currently trading at Rs. 507.50, up by 3.40 points or 0.67% from its previous closing of Rs. 504.10 on the BSE.
The scrip opened at Rs. 516.90 and has touched a high and low of Rs. 516.90 and Rs. 502.10 respectively. So far 1246 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 699.00 on 18-Dec-2024 and a 52 week low of Rs. 340.15 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs. 564.90 and Rs. 502.10 respectively. The current market cap of the company is Rs. 509.96 crore.
The promoters holding in the company stood at 48.26%, while Institutions and Non-Institutions held 0.06% and 51.68% respectively.
Jost’s Engineering Company in joint venture with Kay Cee Energy & Infra has received Letter of Award (LoA) from Rajasthan Rajya Vidyut Prasaran Nigam for Construction work of 35 Nos. 33 KV RDSS Bays alongwith 8 Nos. with 33 KV Bus Extension at various Grid Sub Stations (GSS) under three Transmission & Construction (T&C) circles on Turnkey basis.
The total Contract value is Rs 16 crore (inclusive of GST and all taxes). The contract will be executed in an equal 50:50 JV between Jost's Engineering Company and Kay Cee Energy & Infra.
Jost's Engineering Company operates in three divisions, including material handling division, industrial finishing division and engineered products division.
