Surya Roshni stock hits new 52-week high after receiving supply order of Coated Line Pipes worth Rs170.52cr

The order is expected to be executed in 10 months.

Jun 08, 2021 12:06 IST India Infoline News Service

Surya Roshni stock was in the fast lane on Tuesday after obtaining an order for the supply of Coated Line Pipes to Indradhanush Gas Grid Limited (IGGL) for NorthEast Gas Grid Pipeline Project. The order is aggregated to Rs170.52cr.

The order is expected to be executed in 10 months. The order comprises Coated line pipes 1,98,800 meter as per specified specifications.

At around 12.48 pm, Surya Roshni was trading at Rs500 per piece up by Rs18.25 or 3.79% on Sensex. The stock has hit a new 52-week high of Rs514.25 per piece in the early deals of today. 

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