The Micro-Cap firm, specializing within the manufacturing and advertising {of electrical} and hydraulic engineering tools, is in focus upon receiving a piece order from JWIL Infra Ltd for Rs. 6.35 Crores.
With a market capitalization of Rs. 138.15 crores on Friday, the shares of Jyoti Restricted jumped upto 3.5 p.c, making a excessive of Rs. 83.01 in comparison with its earlier closing worth of Rs. 80.18 per share.
Order Particulars
Jyoti Restricted, engaged within the manufacturing and advertising {of electrical} and hydraulic engineering tools, has obtained a Letter of Intent (LOI) price roughly Rs. 6.35 crores (excluding GST) from JWIL Infra Ltd, Delhi, for a undertaking situated in Pirtand, Jharkhand.
The order includes the design, manufacture, and provide of six units of Vertical Turbine (VT) Pumps with motors. The contract contains inclusive packing, forwarding, freight, and insurance coverage, with a assure interval of 30 months from commissioning or 36 months from dispatch, whichever is earlier, and the supply is scheduled inside 24–28 weeks from ultimate technical doc approval.
In regards to the Firm
Jyoti Restricted, established in 1943 and headquartered in Vadodara, Gujarat, is a outstanding Indian engineering firm specializing in hydraulic and electrical tools. The corporate affords a various vary of services, together with engineered pumps, generators, hydro turbines, rotating electrical machines, switchgear, and digital management techniques.
Key Financials
The corporate’s income rose by 25 p.c from Rs. 42.04 crore to Rs. 52.56 crore in Q3FY24-25. In the meantime, Internet revenue rose from Rs. 1.12 crore to Rs. 3.92 crore throughout the identical interval.
Jyoti Restricted’s inventory seems doubtlessly undervalued, with a P/E ratio of 13.39 considerably decrease than the business common of 30.38 and a really low PEG ratio of 0.06. Moreover, the corporate has demonstrated robust monetary efficiency, with a powerful 3-year common internet revenue progress of 77.42 p.c.
Written by Sridhar J
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