Stock jumps 3% after receiving order worth ₹12.5 Cr from Gujarat Energy Transmission Corp.Stock jumps 3% after receiving order worth ₹12.5 Cr from Gujarat Energy Transmission Corp.

Introduction:

Leading electrical equipment manufacturer has secured a prestigious ₹12.5 crore order from Gujarat Energy Transmission Corporation Limited for supplying 66KV Class CT/PT. The contract strengthens its industry presence and reflects its commitment to delivering high-quality power transmission solutions.

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Share price movement of JSL Industries:

On February 28, 2025, JSL Industries Ltd opened at ₹1,350.00, down 2.14% from its previous close of ₹1,368.40. The stock hit a high of ₹1,493.90 and a low of ₹1,345.00. By 1:24 PM, it traded at ₹1,397.70, with a market cap of ₹164.07 crore.

JSL Industries Wins ₹12.5 Cr Order:

JSL Industries Limited has received a significant ₹12.5 crore order from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply of 66KV Class CT/PT. The order will be executed by JSL’s Instrument Transformer Division, strengthening its position in the power transmission sector.

The contract includes inclusive packing, forwarding, freight, and insurance, with GST at 18%. The guarantee period extends up to 60 months, with a bank guarantee covering 10% of the contract value. The project is set for completion by November 30, 2025.

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JSL Industries confirmed that the order was awarded by a domestic entity, with no promoter group involvement. This contract aligns with JSL’s expansion strategy in India’s energy infrastructure sector, reinforcing its commitment to delivering high-quality electrical solutions.

Recent news on JSL Industries:

As of February 12, 2025, JSL Industries Ltd. reported a 441.55% rise in net profit to ₹0.99 crore, despite a 3.12% drop in revenue. EBITDA surged 8,850% to ₹1.75 crore, with EPS increasing to ₹8.42.

Stock performance of JSL Industries for Period of 1 week, 6 months and 1 year:

JSL Industries Ltd. witnessed a 71.0% surge in its one-year returns despite a 42.9% decline over six months and a 20.5% drop in the past week, reflecting market volatility amid its long-term growth trajectory.

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Shareholding pattern of JSL Industries:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	41%	41%	40.80%
FII	0.00%	0.00%	0.00%
DII	12.60%	12.60%	12.60%
Public	46.70%	46.70%	46.70%

About JSL Industries:

JSL Industries Ltd. (NSE: JSLINDL), established in 1966, manufactures LT motors, pumps, panels, switchgear, and HT instrument transformers. It is India’s largest producer of oil-immersed starters and a key supplier of 66 kV CTs to GETCO, Gujarat.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.