Bengaluru, June 25 -- This leading pipe manufacturer's stock jumped over 7% on Wednesday after winning a Rs 75.4 crore order from Gujarat Gas for supplying coated steel pipes across various locations. With the market capitalization of Rs 7,600 Crores, the shares of Surya Roshni Limited jumped over 7% making an intraday high of Rs 358.30 per share from its previous closing price of Rs 333.95 per share.

Surya Roshni Ltd has received new orders worth Rs 75.40 crore (including GST) from Gujarat Gas Limited for the supply of 3LPE coated ERW steel pipes in various sizes. These pipes will be delivered across multiple Gujarat Gas locations, and the order is expected to be completed within 34 weeks.

Surya Roshni, founded in 1973, is one of India...