Orders Come For Power Grid Jyoti Structures

The company announced new orders from the trading hours today, September 19, 2011.

Meanwhile, the BSE Sensex fell 181.52 points, or 1.07% at 16,752.31.

On BSE, 1.23 lakh shares were traded in the counter compared to an average daily volume of 51,155 shares in the last quarter.

In stock has reached a level of Rs 72.40 and low of Rs 68.25 so far during the day. In stock had hit a high of Rs 148.70 for 52 weeks and 52 weeks October 7, 2010 August 26, 2011 of Rs 62.

The small-cap stock underperformed the market over the past one month till 16 September 2011, fell by 1.08% compared to Sensex return of 1.21%. The Scriptures also underperformed the market in the past quarter, falling 20.41% as against 5.85% in Sensex fall.

The Company has an interest of Rs 16.43 crore. The nominal value per share is second RS

Jyoti Structures said one of the orders are valued at Rs 254 crore is a turnkey contract for 765 kg volts (KV) substations in Jabalpur and Nellore. The second order of 400 kV transmission lines linking generation projects in Sikkim to West Bengal.

Jyoti Structures net profit fell 0.7% to Rs 26.15 crore for the 13% increase in net sales of Rs 637.68 million rupees in June 2011 in Q1 Q1 June 2010.

Jyoti Structures performs turnkey EPC / projects in the field of power transmission. The main priority areas of the company business is the transmission lines, poles and distribution projects.


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