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Shares of Surya Roshni rallied 10 per cent to Rs 212.85 on the BSE on Monday after the company received orders worth Rs 273 crore from state-owned oil & gas companies. The stock was also trading close to its 52-week high of Rs 214, hit on September 21, 2020.
“The company has obtained orders aggregating to Rs 272.86 crore (excluding GST) for the supply of coated API line pipes to GAIL (India) and Indradhanush Gas Grid (IGGL) for North-East gas grid pipe line project,” Surya Roshni said in a exchange filing.
IGGL awarded a contract worth Rs 221.29
“The company has obtained orders aggregating to Rs 272.86 crore (excluding GST) for the supply of coated API line pipes to GAIL (India) and Indradhanush Gas Grid (IGGL) for North-East gas grid pipe line project,” Surya Roshni said in a exchange filing.
IGGL awarded a contract worth Rs 221.29
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