Surya Roshni Stock Price up by More than 3% Today After Company gets new Order of Rs 75.40 Crore
By Ankur Chandra | Published at: Jun 25, 2025 12:02 PM IST
New Delhi, June 25, 2025 – Shares of Surya Roshni Ltd (NSE: SURYAROSNI) surged after the company disclosed a major order win from Gujarat Gas Limited. The order involves the supply of 3LPE-coated ERW steel pipes under API 5L Grade X52 specifications.
The supply will be made across various GGL locations and executed over 34 weeks. The project is worth ₹75.40 crore (inclusive of GST), marking a remarkable win for the company.
As of 09:45 a.m. IST, the stock was trading at ₹345.30, up by 3.29%, after opening at ₹336.95. The surge suggests strengthening investor confidence in its leadership in the ERW pipes segment and CGD infrastructure growth.
Stock Performance Snapshot (As of 25 June 2025, 09:45 IST)
| Parameter | Value |
|---|---|
| Last Traded Price | ₹345.30 |
| Change | ▲ ₹11.00 (3.29%) |
| Open | ₹336.95 |
| Day’s High / Low | ₹347.00 / ₹336.95 |
| 52-Week High / Low | ₹371.98 / ₹212.55 |
| Volume (Shares) | 1.74 lakh |
| Value Traded | ₹5.97 crore |
| VWAP | ₹343.61 |
| P/E Ratio | 20.99 |
| Market Cap | ₹7,514.97 crore |
| Free Float Market Cap | ₹2,738.23 crore |
| Listing Date | 10-May-1995 |
| Index Inclusion | NIFTY Total Market |
| Sector | Iron & Steel Products |
Order Details Recap
| Client | Gujarat Gas Limited (GGL) |
|---|---|
| Order Value | ₹75.40 crore (with GST) |
| Product | 3LPE Coated ERW Steel Pipes (API 5L X52) |
| Pipe Sizes | 4″, 6″, 8″, 12″ (6.4 mm thickness) |
| Contract Period | 34 weeks |
| Nature | Domestic, Non-related party |
| Awarding Entity | Domestic PSU |
Outlook
The new order win further strengthens Surya Roshni’s pipeline segment, reinforcing its strategic positioning in India’s city gas distribution (CGD) supply chain. Given its recent momentum and 52-week high of ₹371.98, the stock remains closely watched by market participants amid sustained infra-driven demand in the ERW pipes sector.
About Surya Roshni
Founded in 1973 and listed since 1995, Surya Roshni Ltd is a diversified Indian conglomerate engaged in steel pipes & strips, lighting, and consumer durables. The company is one of the country’s largest ERW pipe manufacturers and a preferred supplier to gas transmission and infrastructure entities.
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