Surya Roshni rises after winning order

Image
Capital Market
Last Updated : Jun 18 2019 | 11:31 AM IST

Surya Roshni rose 1.99% to Rs 240.90 at 10:47 IST on the BSE after the company said it obtained an order worth to Rs 151.88 crore from Bharat Gas Resources to supply API Grade 3LPE coated line pipes.

The order is to be executed within 7 months. The announcement was made during market hours today, 18 June 2019.

Meanwhile, the S&P BSE Sensex was up by 100.77 points, or 0.26% to 39,061.56.

On the BSE, 9457 shares were traded in the counter so far compared with average daily volumes of 12,000 shares in the past two weeks. The stock had hit a high of Rs 248.50 and a low of Rs 233 so far during the day. It hit a 52-week high of Rs 363.90 on 9 August 2018 and a 52-week low of Rs 185.05 on 10 December 2018.

Surya Roshni reported 19.2% rise in net profit to Rs 44.11 crore on 19.7% rise in net sales to Rs 1706.49 crore in Q4 March 2019 over Q4 March 2018.

Surya Roshni is a manufacturing company with business interests in steel pipes & cr strips, lighting, fans and home appliances, and polyvinyl chloride (PVC) pipes.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 18 2019 | 10:56 AM IST

Next Story