Surya Roshni Limited
has received orders of Rs272.86cr (excluding GST) for supply of coated API Line Pipes to GAIL (India) Limited and Indradhanush Gas Grid Limited (IGGL) for North-East Gas Grid Pipe Line project.
The company is currently trading at Rs207.95, up by Rs13.9 or 7.16% from its previous closing of Rs194.05 on the BSE. The scrip opened at Rs202 and has touched a high and low of Rs212.85 and Rs202 respectively.
The company informed the exchanges on Sunday that the first service is supply of coated API Line Pipes for Mumbai-Nagpur - Jharsuguda pipe line project in Buldana district Maharashtra for Rs61.57cr to be completed in eight months.
The second services is supply of coated API Line Pipes for North-East Gas Grid Line Project in district Golaghat in Assam for Rs211.29cr to be completed in 60 weeks.