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The company said it has an order pipeline in excess of Rs 360 crore and hopes to secure some projects towards the close of the financial year, which will further bolster order book
Oil prices gained for the fourth day on Wednesday, extending a rally driven by hopes that a Covid-19 vaccine will boost fuel demand.
The stock hit a 52-week high of Rs 861 on BSE, rallied 76% from Rs 488 on June 3.
The S&P Smallcap index ended 100 points higher at 11,381 levels against 11 points rise in the S&P BSE Sensex
The company has received letters of award of contracts from ONGC for an estimated value of Rs 1,482 crore.