Jyoti Structures shares jumped over 3% in morning trade following the announcement of a major new order worth ₹639 crores, excluding GST. As of 9:34 AM, the shares were trading 3.29% higher at Rs 17.28.
The order is for the turnkey engineering, procurement, and construction (EPC) of 765 kV and 400 kV transmission lines across India. This significant contract is expected to be completed within the next 12 to 15 months, marking a key milestone for Jyoti Structures in the power transmission sector.
The market reacted positively to the news, reflecting investor confidence in the company’s strong order book and growth potential. Jyoti Structures’ shares opened at ₹17.53, moving between a low of ₹17.13 and a high of ₹17.99 during the session. The stock closed previously at ₹16.73. Over the past year, the share price has ranged from a low of ₹13.95 to a high of ₹37.03.
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