Share News: This company got an order of ₹ 116 crore from GAIL, keep an eye on the shares

Surya Roshni Ltd informed after market closed on Thursday that the company has received a big order from GAIL India. The company said in the exchange filing that it has received an order of Rs 116.15 crore from GAIL India for the supply of HFW 355.60 X 8. 7 and 10.3 WT, GR X-70 PSL-2, coated pipes. The company has received this order for Madhya Pradesh and Uttar Pradesh.

Surya Roshni recently said that its steel pipes and strips segment recorded monthly sales of 1,00,239 metric tonnes in March 2025. Surya Roshni Limited is a multinational company that manufactures steel pipes, lighting solutions (including LED products), fans, kitchen appliances and PVC pipes. Surya Roshni Limited reported a decline in profit to Rs 89.9 crore in the quarter ended December 2024. A year ago, the company had reported a profit of Rs 90.1 crore in the October-December quarter. Stock performance On Thursday, the company's stock closed 1.76 per cent higher at Rs 262.10. In the last one year, the company's stock has seen a decline of 8.32 per cent. The 52-week high of the company's stock is Rs 371.98.

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