Monday 8 July 2013

Jyoti Structures wins order worth Rs. 12bn


Jyoti Structures Ltd surged a massive 7.3% as the company announced that it secured export orders worth Rs. 1200 crore from several countries including Kenya, Tanzania, Namibia, Nigeria, Philippines and Tajikstan Monday.

The orders relate to engineering, tower testing and turn key construction of transmission lines and substations. The orders include manufacture and supply of 36000MT of towers. 

At 11:18am, the stock is trading at Rs. 22 up Rs. 1.50 or 7.32% on the National Stock Exchange Monday. It traded in a range of Rs. 20.15- Rs. 22.65. Total traded volume at the counter stood at 4.79lakh.

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