Surya Roshni gains 4% on winning order worth Rs 73 cr from Indian Oil Corp

The company has obtained orders aggregating to Rs 72.62 crore for supply of API 5L Grade 3LPE Coated and bare Pipes to Indian Oil Corporation for gas pipeline projects in Bihar & Tamil Nadu

Shares of Surya Roshni gained 4 per cent to Rs 349 on the BSE in the intra-day on Friday after the company said it has received orders worth Rs 72.62 crore from state-owned oil & gas company Indian Oil Corporation (IOCL).

"The company has obtained orders aggregating to Rs 72.62 crore (excluding GST) for supply of API 5L Grade 3LPE Coated and bare Pipes to Indian Oil Corporation Limited for gas pipeline projects in Bihar and Tamil Nadu, which is to be executed in 8 months," Surya Roshni said in a exchange filing. READ MORE