The stock finally ended up 2% at Rs 1,212. The counter witnessed heavy volumes of 1.09 million shares on the BSE.
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(Updated at 1025 hrs)
Reliance Infrastructure has gained in early trades on order of Rs 11,000 crore.
The stock opened at 1,199 and surged 3% to Rs 1,225. The stock is now up 2% at Rs 1,210. Around 153,664 stocks have been traded on the BSE so far.
The company has received the order for the Mumbai Metro-II project on Build Operate and Transfer basis. The project is the third they have won in a row and is estimated at Rs 11,000 crore. The project has been awarded by Mumbai Metropolitan Region Development Authority through an international competitive bidding process.