Jyoti Structures’ stock leapt 10% on Monday, trading at ₹9.8 after the firm disclosed a ₹949 crore order from Power Grid Corp for an 800 kV HVDC bipole in Rajasthan.
The exchange filing revealed the deal’s value nearly equals the company’s ₹1,073 crore market cap, underscoring its significance for the firm’s balance sheet.
Unimech Aerospace shares rose 3.2% to ₹1,609.5 following news that its wholly‑owned unit, Innomech, inked a 10‑year-long LTA with Honeywell Aerospace for precision aero‑engine components.
Highway Infra’s shares jumped 15% to ₹62.87 after securing a ₹340 crore letter of acceptance for the Palayam Fee Plaza fee‑collection contract in Tamil Nadu.
The three deals illustrate a broader trend of infrastructure and aerospace firms clinching large, long‑term contracts that could smooth revenue streams and bolster investor sentiment.
Analysts are watching the 38‑month execution timeline of Jyoti’s HVDC project and the 2036 end‑date of Unimech’s Honeywell agreement, both of which could lift earnings in the 2027‑28 fiscal year.
Market participants may also reprice valuation multiples as the firms’ order books expand, potentially nudging shares above their current ₹10 and ₹60 thresholds.