Jost's Engineering Secures Rs. 6.52 Crore Order from North Bihar Power Distribution Company
Josts Engineering Company Limited has received a purchase order worth Rs. 6.52 crore from North Bihar Power Distribution Company Limited. The order involves designing, manufacturing, and supplying three Malfunction Test Kits for power distribution systems. The project has a five-month completion timeline from the September 9 order date. This order highlights Josts Engineering's strong position in the power equipment market and reflects ongoing investments in India's power distribution infrastructure.

*this image is generated using AI for illustrative purposes only.
Josts Engineering Company Limited, a prominent player in the engineering sector, has announced a significant new order that promises to bolster its order book. The company has received a purchase order worth Rs. 6.52 crore from North Bihar Power Distribution Company Limited, marking a notable development in its business operations.
Order Details
The order, valued at Rs. 6,52,14,354.36 (including GST and other relevant charges), involves the design, manufacture, assembly, testing, supply, and delivery of three Malfunction Test Kits. These specialized kits are crucial for maintaining and troubleshooting power distribution systems, highlighting Josts Engineering Company's expertise in providing critical equipment for the power sector.
Project Timeline
According to the company's filing with the BSE, the purchase order was issued on September 9. Josts Engineering Company is required to fulfill the order within a five-month timeframe from the date of the purchase order.
Significance of the Order
This order from North Bihar Power Distribution Company Limited underscores Josts Engineering Company's strong position in the power equipment market. It also reflects the ongoing investments in India's power distribution infrastructure, particularly in the state of Bihar.
Company's Disclosure
In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Josts Engineering Company promptly disclosed the order details to the stock exchange. The company's secretary, Babita Kumari, filed the intimation on September 12, demonstrating the company's commitment to transparency and regulatory compliance.
Conclusion
This new order is expected to contribute positively to Josts Engineering Company Limited's revenue stream in the coming quarters. It also reinforces the company's reputation as a reliable supplier of specialized engineering equipment for the power distribution sector.
Historical Stock Returns for Josts Engineering Company
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+2.54% | +13.07% | -16.74% | -0.58% | -38.63% | +587.01% |