Jyoti Limited soars ~5% on bagging new order worth Rs73.60 crore

The project has been received through the contractor M/s PLR Projects Ltd, Hyderabad.

September 20, 2022 9:20 IST | India Infoline News Service
Jyoti Limited informed that it has secured prestigious order of Rs73.60 crore for the design, engineering, manufacturing, testing & supply of large capacity Vertical Pumps and HT/LT Motors for the Water Resource Department (WRD), Andhra Pradesh.

The project has been received through the contractor M/s PLR Projects Ltd, Hyderabad for 7 pump Houses of GNSS TO HNSS LIFT IRRIGATION SCHEME.

The company stated that the order comprises the supply of 53 pump sets, 53 sets of LT & HT motors with a maximum capacity of 3.5 MW, a forced water lubrication system, and spares.

The Jyoti Group of Companies is a conglomerate of industrial organisations engaged in the manufacture and distribution of a diverse range of electrical and hydraulic engineering equipment utilised extensively in critical areas of the national and worldwide economy.

At around 9.23 AM, Jyoti Limited was trading at Rs14.48 up by 4.93% from its previous closing of Rs13.80 on the BSE. The scrip opened at Rs14.75 and touched intraday high and low of Rs14.75 and Rs14.32 respectively.

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