Introduction:
Stock under ₹20 has secured a ₹389.36 crore order from Adani Energy Solutions for the supply and erection of a 765 kV DC transmission line from Boisar to Pune. This turnkey project is expected to be completed within 18 months, boosting the company’s growth prospects.
Share Price movement of Jyoti Structures :
On February 25, 2025, Jyoti Structures Limited opened at ₹17.05, reaching a high of ₹17.55, up 1.44% from its previous close of ₹17.30 and a low of ₹16.90. It is currently trading at ₹17.00, with a market cap of ₹2,062.20 crore.
Jyoti Structures new order:
Jyoti Structures Limited has received a Notification of Award from Adani Energy Solutions for the supply and erection of a 765 kV DC transmission line from Boisar to Pune, Maharashtra. The total value of the project is ₹389.36 crores, including GST.
The scope of work includes supply of towers, surveying, soil investigation, foundations, erection, stringing, testing, and commissioning of the transmission line. The project will be executed on a turnkey basis and is expected to be completed within 18 months from the letter of award.
There is no involvement of promoters, promoter group, or group companies in the awarding entity. The order is not a related party transaction and aligns with the company’s ongoing growth strategy.
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Recent news About Jyoti Structures :
The company plans to reactivate its second tower manufacturing unit in Nasik by the end of March 2025. This facility will add an annual manufacturing capacity of 33,000 metric tonnes. Preparations include acquiring a new galvanizing plant and refurbishing existing CNC fabrication machines.
Ace investor holding of Jyoti Structures :
Sharad Shyam Sanghi
Sharad Shyam Sanghi holds 30,000,000 shares in Jyoti Structures Ltd., representing a 3.33% stake valued at ₹51.1 crore. His holding has slightly declined by 0.10% from the previous quarter, reflecting a marginal adjustment in his investment strategy.
Ashish Kacholia
Ace investor Ashish Kacholia holds 18,000,000 shares in Jyoti Structures Ltd., amounting to a 2.00% stake valued at ₹30.7 crore. His holding declined by 0.52% from the previous quarter, indicating a shift in portfolio allocation within the power transmission sector.
Stock performance of Jyoti Structures for Period of 1 week, 6 months and 1 year:
Over the past week, the stock has decreased by 4.05%, continuing a downward trend over the last six months with a decline of 33.7%. In the past year, the stock has fallen by 24.6%, reflecting ongoing challenges in its performance across multiple periods.
Shareholding pattern of Jyoti Structures :
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| FII | 1.1 | 1.41 | 0.62 |
| DII | 1.62 | 1.86 | 2.83 |
| Retail & others | 97.28 | 96.75 | 96.55 |
About Jyoti Structures :
Jyoti Structures specializes in power transmission and distribution infrastructure. It designs, manufactures, and constructs transmission lines, substations, and towers. The company serves utilities and energy firms, focusing on turnkey solutions for domestic and international power projects to support grid expansion and modernization.
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.
