Engineering Company Receives Order Worth Rs 5,62,71,280.68 from North Bihar Power Distribution Company Ltd
DSIJ Intelligence-1 / 04 Dec 2025/ Categories: Mindshare, Trending
The stock gave multibagger returns of 230 per cent in just 3 years and a whopping 485 per cent in 5 years.
Jost's Engineering Company Ltd announced that it has received a significant domestic order from the North Bihar Power Distribution Company Limited. The order, valued at Rs 5,62,71,280.68 (Rupees Five Crore Sixty Two Lakh Seventy One Thousand Two Hundred Eighty and Sixty Eight paise), involves the design, assembly, testing, and supply of three Cable Fault Locator Vans complete with portable generators. The significant terms stipulate that the delivery must be completed within five months from the date of the Purchase Order, December 2, 2025, demonstrating the company's role in supplying specialised equipment to the power distribution sector in India.
Incorporated in 1907, Josts Engineering Company Ltd is a long-standing player in the manufacturing of material handling equipment (MHD) and a provider of engineered products (EPD) solutions. Its diverse applications cater to various industries, including Power, oil & gas, Defence, Aerospace, information technology, automobile, education, steel, oil and mining. The company boasts a robust service network across India, comprising 7 service centres and 17 dealers.
On Thursday, shares of Jost’s Engineering Company Ltd gained 5.06 per cent to Rs 305 per share from its previous closing of Rs 290.30 per share. The company has a market cap of over Rs 350 crore and has delivered good profit growth of 38 per cent CAGR over the last 5 years. The stock gave multibagger returns of 230 per cent in just 3 years and a whopping 485 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.