Jyoti Structures shares jump 19% on Rs 510.59 cr bank line access

GreyOak summary

Jyoti Structures Ltd shares surged 19.24% after lenders released Rs 510.59 crore in bank guarantees and letters of credit. This follows a resolution plan approved by the NCLT, ending a five-year delay that previously restricted order execution. The funds will support the company's existing orders and new opportunities in power transmission.