Surya Roshni surges on obtaining order worth Rs 119.71 crore
Surya Roshni is currently trading at Rs. 638.15, up by 26.15 points or 4.27% from its previous closing of Rs. 612.00 on the BSE.
The scrip opened at Rs. 609.15 and has touched a high and low of Rs. 641.00 and Rs. 597.15 respectively. So far 17856 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 841.50 on 11-Jan-2024 and a 52 week low of Rs. 301.40 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 795.00 and Rs. 591.10 respectively. The current market cap of the company is Rs. 6951.83 crore.
The promoters holding in the company stood at 62.96%, while Institutions and Non-Institutions held 5.78% and 31.26% respectively.
Surya Roshni has obtained an order amounted to Rs 119.71 crore (with GST) for supply of MS Coated pipes (Spirally Welded) at Chittorgarh (Rajasthan). The order is expected to be executed within 12 weeks.
Surya Roshni is into the business of manufacturing electric resistance welded (ERW) steel pipes & lighting products.