Surya Roshni bags orders for Rs53.06 crore from GAIL; Stock sheds ~2%

10 May 2022 , 12:04 PM

Surya Roshni Ltd has informed to the exchanges that it has obtained orders amounted to Rs53.06 crore (including GST).

As per the regulatory filing, the project is for supply of API 5L Grade X 70 3LPE Coated pipes from GAIL (India) Limited.

Further, the orders have been awarded by the Domestic PSU and the time period by which the order is to be executed is 8 months, said company.

At around 12:05 PM, Surya Roshni was trading at Rs399.70 apiece down by Rs7 or 1.72% from its previous closing of Rs406.70 apiece on the BSE.