What is the story about?
Shares of Jyoti Structures Ltd., Highway Infra Ltd. and Unimech Aerospace Ltd. are trading with gains of up to 11% on Monday, October 26, in reaction to large order wins reported by both companies.
While Jyoti Structures' shares are up 10% on Monday, those of Unimech Aerospace gained as much as 4% after their respective announcement. It must be noted that shares of Jyoti Structures are currently worth less than ₹10.
In an exchange filing on Monday morning, Jyoti Structures said that it has received an order from Power Grid Corporation of India for an +_800 kV HVDC Bipole project in Barmer-II and for a South Kalamb Transmission Lines package TL01 and TL02.
Both the orders are to be executed in Rajasthan and involves the supply, erection, testing and commissioning of +_800 kV HVDC transmission line on a total turnkey basis.
The value of the both the orders is ₹474 crore each, taking the total order value to ₹949.35 crore. The order needs to be completed within 38 months.
Jyoti Structures' order value is nearly worth its entire market capitalization, which currently stands at ₹1,073 crore.
On the other hand, Unimech Aerospace announced that its wholly-owned subsidiary, Innomech Aerospace Toolings Pvt. Ltd., has executed a long-term agreement with Honeywell Aerospace US LLC.
In an exchange filing, Unimech said that Innomech has executed an LTA for the manufacture and supply of precision components and assemblies for aero-engines and control system applications.
The LTA is effective from April 1, 2026 and remains in effect until November 1, 2036, unless extended or terminated in accordance with the terms. It provides contractual framework under which Honeywell Aerospace may issue purchase orders or statements of work to Innomech from time to time.
Shares of Unimech Aerospace are trading 3.2% higher on Monday at ₹1,609.5. The stock is up 77% so far this year.
Highway Infra announced over the weekend that it has received the Letter of Acceptance of a ₹340 crore Letter of Award, for operations at Palayam Fee Plaza in the state of Tamil Nadu.
As per the order, Highway Infra will be the operator and collector of user fee at the Palayam Fee Plaza for a one year period.
Shares of Highway Infra are trading 15% higher on Monday at ₹62.87. With this move, the stock has also turned positive on a year-to-date basis.
While Jyoti Structures' shares are up 10% on Monday, those of Unimech Aerospace gained as much as 4% after their respective announcement. It must be noted that shares of Jyoti Structures are currently worth less than ₹10.
In an exchange filing on Monday morning, Jyoti Structures said that it has received an order from Power Grid Corporation of India for an +_800 kV HVDC Bipole project in Barmer-II and for a South Kalamb Transmission Lines package TL01 and TL02.
Both the orders are to be executed in Rajasthan and involves the supply, erection, testing and commissioning of +_800 kV HVDC transmission line on a total turnkey basis.
The value of the both the orders is ₹474 crore each, taking the total order value to ₹949.35 crore. The order needs to be completed within 38 months.
Jyoti Structures' order value is nearly worth its entire market capitalization, which currently stands at ₹1,073 crore.
Unimech Unit Joins Hands With Honeywell Aerospace
On the other hand, Unimech Aerospace announced that its wholly-owned subsidiary, Innomech Aerospace Toolings Pvt. Ltd., has executed a long-term agreement with Honeywell Aerospace US LLC.
In an exchange filing, Unimech said that Innomech has executed an LTA for the manufacture and supply of precision components and assemblies for aero-engines and control system applications.
The agreement represents a significant expansion of Unimech’s aerospace manufacturing portfolio into precision components and assemblies for aero-engine and control system applications, complementing the Company’s existing participation in aerostructure components and assemblies. UNIMECH'S EXCHANGE FILING
The LTA is effective from April 1, 2026 and remains in effect until November 1, 2036, unless extended or terminated in accordance with the terms. It provides contractual framework under which Honeywell Aerospace may issue purchase orders or statements of work to Innomech from time to time.
Shares of Unimech Aerospace are trading 3.2% higher on Monday at ₹1,609.5. The stock is up 77% so far this year.
Highway Infra Bags ₹340 Crore Order
Highway Infra announced over the weekend that it has received the Letter of Acceptance of a ₹340 crore Letter of Award, for operations at Palayam Fee Plaza in the state of Tamil Nadu.
As per the order, Highway Infra will be the operator and collector of user fee at the Palayam Fee Plaza for a one year period.
Shares of Highway Infra are trading 15% higher on Monday at ₹62.87. With this move, the stock has also turned positive on a year-to-date basis.
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