Sunil Hitech Engineers rose 1.8% to Rs 130.30 at 10:26 IST on BSE, after the company bagged new orders aggregating to Rs 137.56 crore.
The company made the announcement after market hours on Monday, 25 August 2014.
Meanwhile, the BSE Sensex was down 11.27 points, or 0.04% to 26,425.75
On BSE, so far 6,253 shares were traded in the counter as against an average daily volume of 26,858 shares in the past one quarter.
The stock hit a high of Rs 132.25 and a low of Rs 130.20 so far during the day. The stock had hit a 52-week high of Rs 155.05 on 11 June 2014 and a 52-week low of Rs 37.50 on 28 August 2013.
The stock had outperformed the market over the past one month till 25 August 2014, rising 5.57% compared with 1.19% rise in the Sensex. The scrip had also outperformed the market in past one quarter, advancing 18.52% as against Sensex's 7.06% rise.
The small-cap stock has an equity capital of Rs 13.63 crore. Face value per share is Rs 10.
Sunil Hitech Engineers said that the company has received an order worth Rs 86.82 crore from Bharat Heavy Electricals (Bhel) for the supply of finished product of bunker structures - raw coal bunkers, coal handling transfer points and other ancillary services for the Unit# 3 of 2x660 megawatt NTPC Mouda STTP State II project. The company also bagged two orders of road construction around Hyderabad City amounting to Rs 50.74 crore.
Sunil Hitech Engineers reported 47.1% rise in net profit to Rs 9.03 crore on 28.5% rise in net sales to Rs 384.06 crore in Q1 June 2014 over Q1 June 2013.
Sunil Hitech Engineers is a construction company focused on infrastructure projects and renewable energy.
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