Moneycontrol
Last Updated : Dec 04, 2018 12:42 PM IST | Source: Moneycontrol.com

Shriram EPC jumps 13% on orders worth Rs 226 cr in Jharkhand

Shriram EPC's consolidated order book has grown to a total of around Rs 3,500 crore.

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Shriram EPC shares rallied 13 percent intraday Tuesday on winning orders from Jharkhand government.

"We received two separate orders worth Rs 166.16 crore and Rs 59.55 crore from Jharkhand Urban Infrastructure Development Company," the engineering and construction company said in its filing.

The scope of work of this order involves augmentation and-strengthening of Dhanbad Water Supply Scheme— Phase 1 under Dhanbad Municipal Corporation and Water supply system for Khunti Nagar Panchayat (Jharkhand).

With the addition of these orders, the consolidated order book of the company has grown to a total of around Rs 3,500 crore.

At 12:40 hours IST, the stock was quoting at Rs 12.95, up Rs 1.27, or 10.87 percent on the BSE.
First Published on Dec 4, 2018 11:06 am
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