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Jyoti shines on securing order worth Rs 16.16 crore from Karan Development Services

21 Oct 2024 Evaluate

Jyoti is currently trading at Rs. 153.80, up by 6.97 points or 4.75% from its previous closing of Rs. 146.83 on the BSE.

The scrip opened at Rs. 146.00 and has touched a high and low of Rs. 160.90 and Rs. 144.50 respectively. So far 230729 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.90 on 21-Oct-2024 and a 52 week low of Rs. 44.00 on 15-Feb-2024.

Last one week high and low of the scrip stood at Rs. 160.90 and Rs. 131.55 respectively. The current market cap of the company is Rs. 355.58 crore.

The promoters holding in the company stood at 24.21%, while Institutions and Non-Institutions held 1.33% and 74.46% respectively.

Jyoti has secured Letter of intent (LoI) from Karan Development Services of Rs 16.16 crore (Excluding GST) for Design, Manufacturing, Supply, Testing and Commissioning of 11 nos. Pumps with HT Motors for Handia Barrage project in Madhya Pradesh. The said order is to be executed in 8/9 months. 

Jyoti is an India-based engineering company. The Company provides products and services to clients in India and in the international market.


Peers
Company Name CMP
Kirloskar Brothers 1760.00
Elgi Equipments 592.00
Shakti Pumps (India) 462.55
KSB 776.00
WPIL 439.85
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