Introduction:
Leading green energy company has secured a ₹116.15 crore order from a major PSU for supplying high-grade coated pipes across Madhya Pradesh and Uttar Pradesh, to be executed over a 39-week period.
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Share price movement of Surya Roshni:
On April 04, 2025, Surya Roshni Ltd opened at ₹269.70, up 2.37% from its previous close of ₹263.45. The stock touched a high of ₹272.90 and a low of ₹255.40. By 10:39 AM, it was trading at ₹255.45 with a full market capitalization of ₹5,561.69 crore.
Surya Roshni Secures ₹116.15 Crore Order from GAIL:
Surya Roshni Ltd. has received a significant order worth ₹116.15 crore (inclusive of GST) from GAIL India Ltd. for the supply of coated pipes conforming to GR X-70 PSL-2 standards. The order includes supply of HFW 355.60 x 8.7 and 10.3 WT coated pipes to be delivered in Madhya Pradesh and Uttar Pradesh.
The execution timeline for the contract is 39 weeks. The order was placed by GAIL, a domestic PSU. Surya Roshni confirmed there’s no promoter or related party interest involved.
Recent news on Surya Roshni:
As of April 02, 2025, Surya Roshni Ltd reported its highest-ever monthly revenue, driven by strong performance in Lighting and Consumer Durables and Steel Pipes and Strips, which recorded 1,00,239 MT in March and 2.59 lakh MT in Q4 FY25.
Ace investor holding in Surya Roshni:
Mukul Mahavir Agrawal
Mukul Mahavir Agrawal holds 1,100,000 shares, or a 1.01% stake in Surya Roshni Ltd, with a total investment valued at approximately ₹28.2 crore as of latest data.
Stock performance of Surya Roshni for Period of 1 week, 6 months, and 1 year:
Surya Roshni Ltd delivered a 7.75% return over the past week. However, it declined by 27.6% over the past six months and dropped 8.54% over the past year.
Shareholding pattern of Surya Roshni:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 62.50% | 63.00% | 63.00% |
FII | 4.50% | 4.90% | 4.50% |
DII | 1.50% | 1.30% | 1.00% |
Public | 31.50% | 30.80% | 31.30% |
Others | 0.10% | 0.10% | 0.30% |
About Surya Roshni:
Surya Roshni Ltd (NSE: SURYAROSNI) is a diversified Indian company leading in steel pipes and lighting solutions, offering GI and ERW pipes, LED lighting, fans, and home appliances across domestic and international markets.
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.