Surya Roshni jumps on receiving order of Rs 124.35 crore

Surya Roshni is currently trading at Rs. 656.60, up by 26.00 points or 4.12% from its previous closing of Rs. 630.60 on the BSE.

The scrip opened at Rs. 661.00 and has touched a high and low of Rs. 665.05 and Rs. 655.00 respectively. So far 602 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 868.40 on 04-Oct-2021 and a 52 week low of Rs. 308.35 on 10-Feb-2021.

Last one week high and low of the scrip stood at Rs. 672.30 and Rs. 576.95 respectively. The current market cap of the company is Rs. 3431.03 crore.

The promoters holding in the company stood at 62.96%, while Institutions and Non-Institutions held 4.11% and 32.93% respectively.

Surya Roshni has obtained order amounted to Rs 124.35 crore (excluding GST) for supply of API 3LPE Coated Pipes for LPG Pipeline Project to IHB, a Joint Venture of Indianoil, Hindustan Petroleum & Bharat Petroleum.

Surya Roshni is into the business of manufacturing electric resistance welded (ERW) steel pipes & lighting products, with facilities at Bahadurgarh (Haryana), Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh).

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