Jyoti Structures Stock Jumps 2.6% After Winning Rs 288.36 Crore HVDC Transmission Project from AESL Projects

Mumbai, October 16, 2025 – The shares of Jyoti Structures Limited (NSE: JYOTISTRUC | BSE: 513250) grew by 2.6% to ₹14.99 in early trading on Thursday, following the announcement by the company that it has secured a ₹288.36 crore order from AESL Projects Limited for the turnkey construction of a section of the Delta 800 kV HVDC Bhadla 3-Fatehpur Transmission Line in Central India.

Project Scope And Timeline

Per the company’s submission, the contract includes survey, soil investigation, foundation work, tower supply, erection, stringing, testing, and commissioning. The total scope of work is to be completed within 36 months of the Letter of Award date. Jyoti Structures stressed that the order is an independent business contract with no interest from the promoter or any related party at the time of the award.

Market Performance And Financial Snapshot

As of 11:00, the stock was at ₹14.67, an increase of 0.06 or 0.41% from the previous close of ₹14.61. Following the announcement, Jyoti Structures is trading at an intraday high of ₹15.03 and an intraday low of ₹14.46 so far. The adjusted P/E ratio for the stock is now at 38.64, reflecting investor confidence as the recovery in India’s transmission infrastructure sector continues.

Outlook

The recent order confirms Jyoti Structures’ strong execution capabilities and continued growing presence in India’s transmission space. Ongoing project wins and operational efficiencies should help to elevate the order book, supporting ongoing revenue growth and long-term value creation for shareholders.

Founded in 1974, Jyoti Structures Limited is a leading EPC company that specializes in power transmission and distribution. It has manufacturing units in Nashik and Raipur, along with a research and testing facility in Igatpuri, Maharashtra, to support its operations.

REF: https://nsearchives.nseindia.com/corporate/JYOTISTRUC_15102025184951_Intimationonnewproject_-151025.pdf

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