Gulf Jyoti International LLC Dubai, a joint venture of Jyoti Structure, India and Gulf Investment Corporation of Kuwait have recently secured several prestgious export and domestic orders for transmission lines worth Rs 5.82 billion.
The order include Rs 3.10 billion, 400 KV transmission line project in Sultanate of Oman, Rs 320 million, 400 KV transmission line project from DEWA, Dubai and Rs 2.40 billion orders for various projects for fabrication and supply of transmission line steel structures.
Shares of the company declined Rs 0.75, or 2.24%, to settle at Rs 32.70. The total volume of shares traded was 55,270 at the BSE (Monday).