Introduction:
Leading company has secured an ₹81.47 crore order from Bharat Petroleum Corporation Ltd. (BPCL) to supply API SL PSL2 LPE Coated Line Pipes. The contract, to be executed pan-India, strengthens the company’s role in India’s energy infrastructure development.
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Share price movement of Surya Roshni:
On January 10, 2025, Surya Roshni Ltd. opened at ₹256.55, up 0.16% from its previous close of ₹256.15. The stock reached a high of ₹269.00 (5.01%) and a low of ₹251.00. By 12:00 PM, it traded at ₹257.65, a 0.59% increase, with a market cap of ₹5,607.39 crore.
Surya Roshni Ltd. Receives ₹81.47 Crore Order from BPCL:
Surya Roshni Ltd. has secured an order worth ₹81.47 crore (including GST) from Bharat Petroleum Corporation Ltd. (BPCL) for the supply of API SL PSL2 LPE Coated Line Pipes, ranging from 4″ to 16″ diameter.
The order will be executed on a pan-India basis, with Surya Roshni set to deliver the line pipes required for BPCL’s City Gas Distribution (CGD) project. The contract represents a significant step in the company’s pipeline supply and energy sector involvement.
Surya Roshni confirmed that there are no related-party transactions involved in this contract. The order highlights the company’s continued growth and contribution to India’s energy infrastructure development.
Recent news on Surya Roshni:
As of December 31, 2024, Surya Roshni Ltd. has fixed January 1, 2025, as the record date for its much-anticipated 1:1 bonus share issue. Eligible shareholders will receive bonus shares by January 2, 2025.
Ace investor holding in Surya Roshni:
Mukul Mahavir Agrawal
Mukul Mahavir Agrawal holds a 1.01% stake in Surya Roshni Ltd., with 1,100,000 shares valued at ₹28.3 crore. This reflects his significant investment in the company, contributing to its shareholder base.
Stock performance of Surya Roshni for Period of 1 week, 6 months and 1 year:
Surya Roshni Ltd. has experienced a decline in performance, with a 9.20% drop over the past week, 18.2% over six months, and 37.6% over the past year, reflecting a challenging period for the company’s stock.
Shareholding pattern of Surya Roshni:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 63.00% | 63.00% | 63.00% |
| FII | 4.90% | 4.50% | 5.00% |
| DII | 1.30% | 1.00% | 1% |
| Public | 31% | 31% | 31.10% |
| Others | 0.10% | 0.30% | 0.40% |
About Surya Roshni:
Surya Roshni Limited (NSE: SURYAROSNI), established in 1973, is India’s largest ERW Pipes exporter and GI Pipes producer. The company leads the market in various regions and focuses on value-added products like 3LPE Coated and Alkyd pipes.
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.
