Jyoti Structures rises on Power Grid order
Jyoti Structures won a ₹648.91 crore Power Grid order for an ±800 kV HVDC transmission project in Gujarat. Business Today reported a 15% intraday share-price rise, while OI Charts data showed sustained recent trading volume.
after close1 source ↓machine-written, see hownot a recommendation
- JYOTISTRUC close
- ₹9.01
- On the day
- 0.00%
- 52-week high
- ₹14.47
- 52-week low
- ₹7.94
Jyoti Structures secured a ₹648.91 crore order from Power Grid Corporation of India for Package TL05 of the ±800 kV HVDC Bipole Barmer-II and South Kalamb Transmission Lines project in Gujarat. Business Today reported that the shares rose 15% intraday to ₹10.36 on 28 Oct 2026, after opening at ₹9.25 and touching a low of ₹9.22. The contract value excludes GST and covers supply, erection, testing and commissioning on a total turnkey basis ⚡.
The award follows the earlier ₹689.93 crore transmission order from Gujarat Energy Transmission Corporation, but represents a separate project and customer. It adds another large execution commitment in high-voltage power infrastructure, while the HVDC scope requires coordination across specialised equipment, construction and commissioning. The contract is scheduled for completion within 38 months, giving the company a defined execution window for revenue recognition and project delivery.
Key Points:
• ₹648.91 crore order from Power Grid for an ±800 kV HVDC transmission-line package in Gujarat.
• The scope includes supply, erection, testing and commissioning on a total turnkey basis.
• The project follows recent order wins from Power Grid, according to Business Today, and expands the company’s transmission-EPC pipeline.
OI Charts data showed the stock closed at ₹9.01 on 27 Oct 2026, unchanged on the day, with volume of 8,234,936 shares. It was up 1.1% over five sessions but remained down 3.4% over 20 sessions. The close sat within a 52-week range of ₹7.94 to ₹14.47. Over the same periods, the Nifty 50 declined 1.1% and 3.0%, respectively, providing context for the stock’s recent performance
The immediate market focus is whether the reported rise is supported by sustained volume and follow-through after the order announcement. Investors will also watch the formal award documentation, mobilisation, execution progress, margins, working-capital needs and future disclosures on revenue recognition. For the transmission sector, the contract points to continued investment in high-capacity grid infrastructure 🔌.
Source: Business Today, 28 Oct 2026.
Not investment advice. For informational purposes only.