Surya Roshni’s stock price jumped 4% following the company’s announcement of securing major orders worth ₹214.68 crore, including GST.
The company received a ₹106.01 crore order from Hindustan Petroleum Corporation Limited (HPCL) for the supply of 8-inch API SL PSL-2, XS2 Grade 3LPE Coated Line Pipes for projects in Rajasthan and Jharkhand.
Additionally, Surya Roshni secured a ₹108.67 crore order from a domestic entity for the supply of Food Grade Epoxy Coated, Spirally Welded HSAW MS Pipes for projects in Madhya Pradesh. These new contracts enhance the company’s order book, boosting investor confidence.
As of 3:16 pm, Surya Roshni shares were trading 3.89% higher at Rs 561.15 on the NSE.
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