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Jyoti surges as its Switchgear Division bags prestigious order worth Rs 14.92 crore

22 Jul 2015 Evaluate

Jyoti is currently trading at Rs. 80.30, up by 3.30 points or 4.29% from its previous closing of Rs. 77.00 on the BSE.

The scrip opened at Rs. 85.00 and has touched a high and low of Rs. 85.00 and Rs. 79.25 respectively. So far 3,966 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.00 on 08-Sep-2014 and a 52 week low of Rs. 49.85 on 20-Mar-2015.

Last one week high and low of the scrip stood at Rs. 85.00 and Rs. 75.55 respectively. The current market cap of the company is Rs. 137.55 crore.

The promoters holding in the company stood at 32.66% while Institutions and Non-Institutions held 13.58% and 53.76% respectively.

Jyoti's Switchgear Division has bagged prestigious order against stiff competition from Gujarat Energy Transmission Corporation (GETCO), Vadodara, India for supply of about 400 Numbers  various types of 11 kV VCB Panels valued at Rs. 1492 lakhs. The order is to be executed in 6 months time.

Jyoti Group of Companies is a conglomeration of industrial units involved in manufacturing and marketing a wide range of electrical and hydraulic engineering equipment used extensively in the vital sectors of national and international economy.

Peers
Company Name CMP
Kirloskar Brothers 1768.80
Elgi Equipments 593.50
Shakti Pumps (India) 462.55
KSB 776.85
WPIL 441.55
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