Jyoti Structures wins Rs 949.35 crore Power Grid transmission order

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JYOTISTRUC · price

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

+9.5%Reaction day

₹8.29

prior close

₹8.43

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+9.1% vs market

Heavy Electrical Equipment peers, median of 34sector+1.5%+8.0% vs sector

On the reaction day the stock moved 9.1 pts more than Nifty Microcap 250 and 8.0 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

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10m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+9.5+0.4+9.1+1.5+8.0

Next day

+8.8pendingpending+3.7+5.1

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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 two awards from Power Grid Corporation of India for the plus or minus 800 kV HVDC Bipole Barmer-II and South Kalamb transmission lines in Rajasthan. The turnkey work covers supply, erection, testing and commissioning. Lot 1 is worth Rs 474.85 crore and Lot 2 Rs 474.50 crore, excluding GST, totaling Rs 949.35 crore. Completion is due within 38 months of the award notice.

Likely market impact

The large new order should support revenue and backlog over the 38-month execution period, subject to execution and cost risks.