Microcap stock jumps 9% after receiving order worth over ₹12 Cr from Gujarat Energy Transmission

This Electrical equipment manufacturer stock is in focus after it jumped up to 9.17 percent following the reporting of an order for the supply of CT/PT Transformers.

Share Price Movement

With a market capitalization of Rs. 165 Crore, the stock of JSL Industries Limited opened at Rs. 1,350, down 1.34 percent from yesterday’s closing price of Rs. 1,368.40. After the announcement of the order, it made a high of Rs. 1,493.90, up 9.17 percent.

Order Update

Company received an order worth Rs.12.50 Crore (Including GST) from Gujarat Energy Transmission Corporation for the supply of 66 KiloVolts class Current Transformers and Potential Transformers (CT/PT), and the time period by which the order has to be executed is 30.11.2025

Also read: Why did this transformer stock crashes by 40%; Is it worth investing in transformer sector?

Financial Highlights

The company reported a 3.11 percent YoY decrease in revenue from Rs. 14.44 Crore in Q3FY24 to Rs. 13.99 Crore in Q3FY25. On a QoQ basis, the company reported a decrease of 14.20 percent in revenue from Rs. 12.25 Crore in the previous quarter.

Their Net loss saw a turnaround YoY from a Rs. 0.29 Crore loss to a Rs. 0.99 Crore profit for the same period. On a QoQ basis their Net Profit decreased from Rs.1.60 Crore to Rs.0.99 Crore.

About the Company

JSL Industries Ltd. is an Indian company engaged in the manufacturing of electrical equipment such as switchgear, control panels, circuit breakers, and transformers. Established in 1966, the company caters to various industries, including power distribution, industrial automation, and infrastructure projects.

Written By Abhishek Das

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