Rs 1,900 crore order book: Ashish Kacholia’s penny stock under Rs 20; Company receives order of Rs 288.36 crore from AESL Projects Ltd

Jyoti Structures Limited (JSL) has been awarded a significant turnkey contract from AESL Projects Limited for a crucial infrastructure project in the Central part of India. The scope of work is comprehensive, covering the Supply of Towers, Survey, Soil Investigation, Foundations, Erection, Stringing, Testing and Commissioning for a segment of the vital + 800 kV HVDC Bhadla 3 – Fatehpur Transmission Line. This major project is valued at Rs 288.36 crore (excluding GST) and is expected to be completed within a period of 36 months from the date of the Letter of Award.

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Earlier, the company had secured an order worth Rs 639 Crores (excluding GST) for 765kV & 400 kV Transmission Lines in India on a turnkey EPC basis. These projects are to be commissioned in a 12 to 15-month timeframe.

Jyoti Structures Limited (JSL) is a global EPC company specialising in Power Transmission & Distribution networks up to 765 kV & 800 kV AC/HVDC lines and 765 kV Substations. JSL offers end-to-end solutions, from conceptualisation and design to fabrication, supply, erection, testing, and commissioning. The company has successfully commissioned over 31,000 ckt Kms of transmission lines, 1800 substation bays, and electrified over 37,325 villages worldwide.

Ashish Kacholia's firm, Bengal Finance and Investment Pvt Ltd, holds a 1.99 per cent stake in the company. The company has a market cap of over Rs 1,700 crore and as of April 01, 2025, the company has an Order Book of Rs 1,900 crore. The stock is up by 36 per cent from its 52-week low of Rs 13.21 per share and has given multibagger returns of over 700 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.