After market hours on Thursday, Jaihind Projects announced that it managed to win two projects from Gujarat State Petronet Limited for Rs. 47.96 crore, divided into the first order worth Rs. 26.05 crore for construction contract for Morbi Mundra Spurline Project, Electrotherm, Mid India, GPT Steel and GSPC and the second one being the engineering, procurement and construction contract for GSFC-Sikka connectivity of Jamnagar project prized at Rs. 21.91 crore.

In the meantime, the BSE Sensex was losing at 142.66 points, 0.87% to 16,185.18. Against the average daily of 28,542 shares in the past one quarter the trading of shares in BSE was 10,289. During the day, the stock oscillated from high of Rs. 176 to a low of Rs. 170. The small-cap stock had outperformed the market over the past one month till 18 February 2010, against Sensex's 7.44% dip; the small capital stock market performed well decreasing to 5.24%.

With a face value of Rs. 10 per share, the equity capital of the company is Rs. 7.26 crore. After some offer gains early this week, Jaihind Projects (JPL) net profit increased to 10.4% to Rs. 7.72 crore on 187.4% rise in net sales in Q3 December 2009.