Shares of Jyoti Structures Ltd jumped more than 10 percent on Monday after the company secured orders worth Rs 949.35 crore from state-owned Power Grid Corporation of India Ltd for transmission lines in Rajasthan.
The stock settled at Rs 9.01 per share on the NSE, up 10.42 percent.
The company has a market capitalisation of Rs 1,075.49 crore, according to NSE data.
In an exchange filing, Jyoti Structures said it had received Notifications of Award (NOAs) from Power Grid for two packages under the 800 kV high-voltage direct current (HVDC) Bipole Barmer-II and South Kalamb transmission lines project in Rajasthan.
The combined order value is Rs 949.35 crore, excluding GST, the company said.