Bank of Baroda Holds 1.32% Stake: This Engineering Company Secures Rs 43.07 Crore Order from Gujarat Energy Transmission Corporation for 584 VCB Panels
DSIJ Intelligence-2 / 04 Oct 2025/ Categories: Mindshare, Penny Stocks, Trending
The stock is up by 35 per cent from its 52-week low of Rs 67.73 per share and down 45 per cent from its 52-week high of Rs 165 per share
Jyoti Limited has announced that its Switchgear Division has secured a Letter of Intent (LOI) worth Rs 43.07 crore, including GST.
The order has been awarded by Gujarat Energy Transmission Corporation Limited (GETCO), Vadodara. Under the contract, Jyoti Ltd. will supply a total of 584 units of 11KV VCB panels.
As per the disclosed terms, payment will be made according to the Purchase Order (P.O.) terms. The total value includes packing and forwarding, freight, insurance, and GST. The company is required to complete the execution of the order on or before August 18, 2026.
The agreement also includes a guarantee clause covering 60 months from the date of commissioning or 66 months from the date of supply, whichever is earlier.
About the Company
Incorporated in 1943, Jyoti Ltd. is an engineering company engaged in the power and water sectors, offering hydraulic and electrical products and services. It designs and manufactures a wide range of pumps and EPC pumping systems from concept to commissioning and operates through two main divisions: the Project Division and the Switchgear Division.
The company has a market cap of over Rs 200 crore . The shares of the company have a PE of 10.8x, an ROCE of 9.42 per cent. The stock is up by 35 per cent from its 52-week low of Rs 67.73 per share and down 45 per cent from its 52-week high of Rs 165 per share.
Disclaimer: The article is for informational purposes only and not investment advice.