A2Z Infra hits 5-month high; stock surges 66% in three weeks

The stock locked in upper circuit for the second day in a row, up 5% at Rs 16.83, trading at its highest level since September 25, 2018.

Shares of A2Z Infra Engineering locked in upper circuit of 5 per cent at Rs 16.83 apiece on the BSE, hitting a five-month high, on improved quarterly financial results and settlement of dues with the State Bank of India (SBI).

The stock was trading at its highest level since September 25, 2018. In the past three weeks, it has zoomed 66 per cent from Rs 10.14 after the company reported strong operational performance in the December quarter (Q3FY19). In comparison, the S&P BSE Sensex was down 2 per cent during the same period.

Till 12:14 pm, a combined 200,603 equity shares