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Surya Roshni gains on obtaining orders aggregating to Rs 137.11 crore

23 Oct 2020 Evaluate

Surya Roshni is currently trading at Rs. 207.50, up by 3.55 points or 1.74 % from its previous closing of Rs. 203.95 on the BSE.

The scrip opened at Rs. 203.90 and has touched a high and low of Rs. 211.40 and Rs. 203.90 respectively. So far 11325 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 215.40 on 28-Sep-2020 and a 52 week low of Rs. 61.70 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 211.40 and Rs. 197.05 respectively. The current market cap of the company is Rs. 1126.27 crore.

The promoters holding in the company stood at 62.92%, while Institutions and Non-Institutions held 2.52% and 34.57% respectively.

Surya Roshni has obtained orders aggregating to Rs. 137.11 crore (excluding GST) for supply of ERW 3LPE Coated Grade line Pipes to ONGC, HPCL & Gujarat Gas (GGL) for CGD and gas pipe line project.

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).

Peers
Company Name CMP
JSW Steel 1255.00
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Steel Authority 181.60
Jindal Stainless 746.95
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