Surya Roshni has bagged an order of Rs 503.4 million for design, manufacture, testing, supply and warranty of LED Street Lights and other related works to Gram Panchayats in the State of Andhra Pradesh (A.P) from Energy Efficiency Services (EESL) under SLNP (Street Light National Program) through competitive e-bidding.
The stock had underperformed the market over the past one month till Oct. 17, 2018, falling 22.40% compared with the Sensex's 8.69% decline. It underperformed the market in past one quarter, declining 30.78% as against 4.77% fall in the Sensex.
Shares of the company declined Rs 3.55, or 1.6%, to trade at Rs 218.50. The total volume of shares traded was 10,615 at the BSE (11.12 a.m., Friday).