Surya Roshni shares surge 2.42% on ₹105 crore order win

Surya Roshni Limited shares rallied 2.42 per cent in Tuesday’s trading session, climbing to ₹266.20 from the previous close of ₹259.90. The stock touched an intraday high of ₹269.80 and a low of ₹261.00, with a traded volume of 13.19 lakh shares worth ₹35.07 crore as of 11.41 am.

The upward movement follows the company’s announcement on November 24 evening about securing a ₹105.18 crore order from an engineering and infrastructure firm. The contract involves supplying spiral pipes with external 3 LPE coating for a project in Gujarat, with delivery scheduled by March 31, 2026.

The order represents a domestic supply contract with no related party involvement. The company clarified that promoters and group entities have no interest in the awarding entity.

Surya Roshni, an ISO-certified manufacturer, reported the development to stock exchanges on Sunday evening, stating the order was secured at 5:36 pm on November 24. The company operates in the steel pipes and lighting segments.

The stock currently trades significantly below its 52-week high of ₹359 reached in June 2025, though well above the February low of ₹212.55.

With a total market capitalization of ₹5,793.47 crore and deliverable quantity at 25.14 per cent of traded volume, the counter showed sustained buying interest in morning trade. The stock faces an applicable margin rate of 21.98 per cent.

Published on November 25, 2025