Jyoti Limited has bagged purchase orders worth Rs 12.75 crore (excluding GST) from Megha Engineering & Infrastructures Ltd., Hyderabad. The order involves designing, manufacturing, testing, supplying, and supervising the installation and commissioning of 11 vertical turbine pumps, including mandatory spares, for Southern Link Phase-2 and Northern Link Phase-2 in Gujarat. The project is set to be completed within six months after drawing approval and manufacturing clearance.
On the BSE, Jyoti's stock rose 3.33%, trading at Rs 110.00, up by 3.55 points from its previous close of Rs 106.45. The stock opened at Rs 109.00, reaching a high of Rs 110.70 and a low of Rs 107.00 during the session, with 3,957 shares traded.
The stock has a face value of Rs 10 and belongs to the BSE Group 'X.' It hit a 52-week high of Rs 165.00 on October 22, 2024, and a low of Rs 44.00 on February 15, 2024. Over the past week, it ranged between Rs 115.50 and Rs 103.80. Jyoti's current market capitalization stands at Rs 252.75 crore, with promoters holding 24.21% of shares, and institutions and non-institutions holding 1.33% and 74.46%, respectively.
Jyoti, an India-based engineering firm, caters to domestic and international clients with a wide range of products and services.