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Surya Roshni sparkles on bagging order worth Rs 123 crore

Surya Roshni is currently trading at Rs. 184.00, up by 1.65 points or 0.90% from its previous closing of Rs. 182.35 on the BSE.

The scrip opened at Rs. 183.00 and has touched a high and low of Rs. 188.00 and Rs. 178.75 respectively. So far 5426 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 272.00 on 12-Mar-2019 and a 52 week low of Rs. 150.20 on 03-Sep-2019.

Last one week high and low of the scrip stood at Rs. 188.00 and Rs. 164.50 respectively. The current market cap of the company is Rs. 988.61 crore.

The promoters holding in the company stood at 62.90%, while Institutions and Non-Institutions held 3.61% and 33.49% respectively.

Surya Roshni has obtained order aggregating to Rs 123 crore (GST Extra) for supply of 3LPE Coated ERW line Pipes to Oil and Natural Gas Corporation (ONGC) through tender.

Surya Roshni is into the business of manufacturing electric resistance welded (ERW) steel pipes & lighting products, with facilities at Bahadurgarh (Haryana), Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh).

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