Surya Roshni gains on Odisha Urban Infra Development Fund order
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The share touched a 52-week high of Rs 838.20 and a 52-week low of Rs 256.50 on January 1, 2024 and January 4, 2023, respectively.
The company in the quarter ended September 2023 posted a 11.7 percent jump in net profit at Rs 76.01 crore.
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Surya Roshni share price rose 1 percent in early trade on January 4 after the company received an order of Rs 72 crore from the Odisha Urban Infrastructure Development Fund.
At 09:22 hrs Surya Roshni was quoting at Rs 782.70, up Rs 8.40, or 1.08 percent, on the BSE.
” …. has obtained an order amounted to Rs 72 crore (with GST) from Odisha Urban Infrastructure Development Fund (OUIDF), Government of Odisha for project and maintenance of LED street lighting project in Odisha,” company said exchange filing.
The order includes project and maintenance of LED public street lighting in 16 ULBs in Odisha, including Balasore, Jajpur, Keonjhar, and Mayurbhanj districts.
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The company in the quarter ended September 2023 posted a 11.7 percent jump in net profit at Rs 76.01 crore.
In August 2023, the company won orders worth Rs 171.16 crore, including orders worth Rs 163 crore from BPCL for a CGD project on a pan India basis and worth Rs 8.16 crore from HPCL for supply of 3LPE coated line pipes for a CGD project in West Bengal.
The share touched a 52-week high of Rs 838.20 and a 52-week low of Rs 256.50 on January 1, 2024 and January 4, 2023, respectively.
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Currently, the stock is trading 6.62 percent below its 52-week high and 205.15 percent above its 52-week low.
The share price surged 156 percent in the last 9 months.
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