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2025-01-16 10:49:37 am | Source: Accord Fintech
Jost`s Engineering surges on bagging purchase order from Haryana Vidyut Prasaran Nigam

JostS Engineering Company is currently trading at Rs. 568.00, up by 20.00 points or 3.65% from its previous closing of Rs. 548.00 on the BSE.

The scrip opened at Rs. 570.00 and has touched a high and low of Rs. 575.00 and Rs. 563.25 respectively. So far 8790 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. 300.50 on 29-Jan-2024.

Last one week high and low of the scrip stood at Rs. 579.95 and Rs. 530.00 respectively. The current market cap of the company is Rs. 568.79 crore.

The promoters holding in the company stood at 47.20%, while Institutions and Non-Institutions held 0.06% and 52.74% respectively.

Jost's Engineering Company has bagged purchase order from Haryana Vidyut Prasaran Nigam for Procurement of 2 sets of Emergency Restoration System (ERS). Order Value is Rs 29.50 crore inclusive of GST and other relevant charges. The delivery must be completed within 8 months from the date of issue of Purchase Order or approval of drawing/technical data whichever is later, in Haryana. 

Jost's Engineering Company operates in three divisions, including material handling division, industrial finishing division and engineered products division.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here
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