Meanwhile, the S&P BSE Sensex was up 257.58 points, or 0.73% to 35,714.74.

On the BSE, 18,000 shares were traded in the counter so far compared with average daily volumes of 23,000 shares in the past two weeks. The stock had hit a high of Rs 224.70 and a low of Rs 217 so far during the day. The stock hit a 52-week high of Rs 522.35 on 9 February 2018. The stock hit a 52-week low of Rs 201 on 8 October 2018.

Surya Roshni said that it has obtained an order aggregating to Rs 59 crore for design, manufacture, testing, supply, operation and maintenance (O&M) of LED street lights & poles and other related works for implementation of greenfield street lighting projects for Urban Local Bodies (ULBs) in Odisha from Government of Odisha, Housing & Urban Department.

Net profit of Surya Roshni rose 6.84% to Rs 25.15 crore on 22.76% rise in net sales to Rs 1394.80 crore in Q2 September 2018 over Q2 September 2017.

Surya Roshni is a manufacturing company with business interests in steel pipes, lighting, fans and home appliances, and polyvinyl chloride (PVC) pipes.