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Surya Roshni bags orders of Rs 123.17 crore

20 Jan 2022 Evaluate

Surya Roshni has received two orders amounted to Rs 123.17 crore. The first order is of Rs 65.40 crore (excluding GST) for supply of ERW Line Pipe (API- 5L) for gas projects to ONGC. The company has also bagged an order from Vishnu Prakash R Punglia for Rs 57.77 crore (excluding GST) for supply of MS (Make: Surya) Bare Pipes 3 LPE coated for water supply project from Chambal- Bhilwara WSP (Phase-I). The said orders have to be executed in 10 months and 3 months respectively.

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 1274.05
Tata Steel 183.60
Steel Authority 176.60
Jindal Stainless 750.75
APL Apollo Tubes 2181.00
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