Shares of Punj Lloyd zoomed over 12 per cent today after the company won a Rs 505.22 crore highway contract in Odisha from NHAI.
The stock soared 12.23 per cent to end at Rs 17.90 on BSE. Intra-day, it surged 19.12 per cent to Rs 19.
On NSE, shares of the company jumped 9 per cent to settle at Rs 17.50.
The company's market valuation went up by Rs 65.72 crore to Rs 600.72 crore.
In terms of equity volume, 8.22 lakh shares of the company were traded on BSE and over 41 lakh shares changed hands on NSE during the day.
Engineering and construction firm, Punj Lloyd said yesterday that it has won a Rs 505.22 crore highway contract in Odisha from NHAI.
The company has bagged the project from the National Highways Authority of India (NHAI) on engineering, procurement and construction basis, it said.
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