Stock Insight: High Rise

Jyoti Structures (Idirect Code: JYOSTR) has emerged as a major player in the power transmission industry with its operations spanning around 33 countries. The company manufactures transmission line towers, sub-station structures, antenna towers/masts and railway electrification structures. The company is a leader in high-voltage power transmission lines and substations and among the few companies in the world that can execute total turnkey jobs. The company, which was incorporated in 1974, has two manufacturing units - Nashik and Raipur. It has a ready domestic market in state electricity boards and grid corporations. NTPC and MSEB are among its long list of clients. Its products have been approved by various international organisations like Vatenfall (Sweden) , Power Link, Western Power and Trans GRID (Australia), IVO (Finland), ABB (Germany), Balforkilpatric (UK), HydroQuebec (Canada), National Grid (UK), Mott MacDonald (UK) and Keneddy Donkin Power (UK). Increasing government spend in the power sector will hold well for the company as the government embarks on its “Electricity to all” sch

This article was originally published on January 01, 2007.