Jyoti Structures wins Rs 648.91 crore Power Grid transmission order

Govt Defence OrderBusiness Updates View source PDF Explain this filing

JYOTISTRUC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+15.7%Reaction day

₹9.02

prior close

₹9.84

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+15.7% vs market

Heavy Electrical Equipment peers, median of 34sector+0.1%+15.6% vs sector

On the reaction day the stock moved 15.7 pts more than Nifty Microcap 250 and 15.6 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.8

10m

+4.2

15m

+3.7

30m

+2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+15.7+0.1+15.7+0.1+15.6

Next day

+11.2pendingpending+0.2+11.0

+9.1pendingpending-3.6+12.7

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15d

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UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jyoti Structures received a Rs 648.91 crore award, excluding GST, from Power Grid to supply, erect, test and commission an 800 kV high-voltage direct current transmission line in Gujarat. Completion is due within 38 months. It follows two Rajasthan awards worth Rs 949.35 crore, taking the three-package total to Rs 1,598.26 crore.

Likely market impact

Supports the order book and future revenue visibility, but earnings will be spread over the 38-month execution period.