For Quick Alerts
For Daily Alerts

Valecha Engineering Gains Over 7 Per cent On Fresh Orders

By Religare

Shares of Valecha Engineering rose over 7 per cent on Bombay Stock Exchange (BSE) after the company announced that it has received fresh orders worth Rs 398.03 crore.

The first order is for the rehabilitation and upgradation of NH-43 in the State of Chhattisgarh under NHDP-IV on EPC basis worth Rs 308.77 crore, the company said in a release.

Valecha Engineering Gains Over 7 Per cent On Fresh Orders
Valecha Engineering: Quotes, News
BSE 19BSE Quote0 (0.00%)
NSE 19.2NSE Quote0 (0.00%)

The second order is for the construction of rail flyover for harbour line at Kurla in connection with Mumbai CST-Kurla 5th and 6th lines project worth Rs 89.26 crore, the release added.

Following the development, shares of company gained 7.10 per cent to Rs 32.45 a piece on the BSE.

Shares of the company surged 6.94 per cent to Rs 32.35 a piece on National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 23,098.33, down 93.64 points, or 0.40 per cent, at 11:07 hours.

Read more about: valecha engineering
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more