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Jyoti Structures gains on new order

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SI Reporter Mumbai
Last Updated : Jan 21 2013 | 12:12 AM IST

Jyoti Structures has jumped 4.2% to Rs 71 on the Bombay Stock Exchange (BSE) after the company received an order worth Rs 328 crore from Power Grid Corporation.

"The order include first set of turn key contracts for 765 KV sub-station at Jabalpur and Nellore valued at Rs 254 crore.  Rest of the orders are for 400 KV transmission lines connecting generation project in Sikkim to West Bengal", the company said in a press release.

The stock opened at Rs 68 and touched the high of Rs 72 in intra-day deals. As many as 49,000 shares have changed hands on the BSE as compared to its two-week average of 66,000 shares.

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First Published: Sep 19 2011 | 11:37 AM IST

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