Jyoti Structures Dips Below 15% On Huge Volumes

Jyoti Structures Limited's stock is trading lower by 15.28% at Rs 9.7 per share. The stock was trading higher in the morning hours, but slipped in lunch hours in line with the performance of major indices in the market.

The low-priced stock attracted a huge volume of 81,06,619 shares and traded value of Rs 7.97 crore as of 14:29 hours on Friday. The stock slipped below its volume weighted average price of Rs 9.84 per share.

The stock has given 17.4% returns on a YTD basis, 30.86% returns in past one month, and 17% returns in past three months. Jyoti Structures Limited is in the business of execution of projects relating to power transmission and distribution.

The Company is engaged in the manufacturing of transmission line towers, substation structures, antenna towers/masts and railway electrification structures. Its principal products/services include power transmission and distribution business.

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About Suhani Varma

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