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Shares of Artson Engineering and Nila Infrastructures rose more than 4 percent and 7 percent intraday Wednesday on order win.
Artson Engineering has received a contract of approximately Rs 12.50 crore from Tata Projects for the piping and mechanical works in the state of Maharashtra, India.
Nila Infrastructures has received work order from AMC towards construction of D.K. Patel hall at Ahmedabad.
With this company forays into yet another activity within Civic Urban Infrastructure.
The project involves built up constriction of about 6000 square meters and shall be completed within 24 months at an envisaged cost of Rs 155.7 million.
At 10:31 hrs Nila Infrastructures was quoting at Rs 18.05, up Rs 0.80, or 4.64 percent and Artson Engineering was quoting at Rs 50.40, up Rs 0.55, or 1.10 percent on the BSE.
Posted by Rakesh Patil
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