Jyoti Structures Wins ₹689.93 Crore Gujarat Order; Shares Rise 1.98%

Mumbai, October 23: Jyoti Structures Limited shares were trading 1.98% higher at ₹8.24 on Friday after the company received a Letter of Award worth ₹689.93 crore, excluding GST, from Gujarat Energy Transmission Corporation Limited (GETCO).

The order covers the 765 kV DC Pachchham–Saykha transmission line in Gujarat and includes design, supply, erection, testing and commissioning on a total turnkey basis.

Project Scope and Execution Timeline

Jyoti Structures will undertake the transmission line project under a 42-month execution schedule from the date of the Letter of Award.

The 765 kV transmission line forms part of Gujarat’s high-voltage power transmission infrastructure. The contract covers the work required to deliver the project on a turnkey basis, from design and equipment supply to installation, testing and commissioning.

The company disclosed that the order was awarded by GETCO and does not fall within related-party transactions. It also stated that promoter-group companies have no interest in the entity awarding the contract.

Stock Market Snapshot

The Jyoti Structures share price was trading 1.98% higher at ₹8.24 on Friday, October 23, 2026, compared with the previous close of ₹8.08. The stock opened at ₹8.61.

The shares were higher during the session in which the company disclosed the new transmission project. The price movement alone does not establish that the order announcement caused the gain.

About Jyoti Structures

Jyoti Structures Limited provides engineering, procurement and construction services for power transmission and distribution infrastructure, including transmission lines and substations.

Conclusion

The ₹689.93 crore GETCO order adds a sizeable transmission infrastructure project to Jyoti Structures’ workload. Execution over the next 42 months will be an important factor in tracking the project’s progress.

Source:

• https://www.nseindia.com/get-quote/equity/JYOTISTRUC/Jyoti-Structures-Limited
• https://nsearchives.nseindia.com/corporate/JYOTISTRUC_23102026085820_Intimation.pdf