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Awaiting price reaction for this filing.
Jyoti Ltd has secured a purchase order valued at Rs. 10.91 Crores (excluding GST) from M/s. Nand Infrastructure & Projects, Bhavnagar. The order is for the design, manufacture, and supply of 18 sets of VT pumps with HT motors for the NWR Tharad-Dhanera Lift Irrigation project. Delivery is to be completed within 6-7 months. The order is from a domestic, unrelated entity, and payment terms will be as per the purchase order. The pumps come with an 18-month or 12-month (from commissioning) guarantee.
This is a modest new order for Jyoti Ltd, adding to its order book in the pumps business. Given the project is tied to a government irrigation scheme, it provides steady domestic revenue visibility over the next 6-7 months, though the size is unlikely to be a major stock catalyst on its own.