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Jyoti Structures bags orders worth `524cr
Jyoti Structures Ltd (JSL) has secured contracts totaling `524cr from different companies.
The company received orders worth `317cr for substation and distribution works from
Maharashtra State Electricity Distribution and Transmission companies. Other orders
included contract from JaiPrakash Power Ventures for 400kv transmission line associated
with its super thermal power project in MP (`169cr), and contract for 220kv transmission
line from Bhutan Power Corporation (`38cr). We maintain our Buy recommendation on
the stock with target price of `104.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Jyoti Structures bags orders worth `524cr
Jyoti Structures Ltd (JSL) has secured contracts totaling `524cr from different companies.
The company received orders worth `317cr for substation and distribution works from
Maharashtra State Electricity Distribution and Transmission companies. Other orders
included contract from JaiPrakash Power Ventures for 400kv transmission line associated
with its super thermal power project in MP (`169cr), and contract for 220kv transmission
line from Bhutan Power Corporation (`38cr). We maintain our Buy recommendation on
the stock with target price of `104.
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