New Delhi, May 8 -- Despite the Indian stock market traded in a narrow range on Thursday, May 8, shares of Chavda Infra, which is engaged in construction activities, jumped 11.3% to hit the day's high of Rs.148 apiece.

This significant boost in shares came after the company secured another major construction order. In today's exchange filing, the company informed investors that it had secured an order from Arvind Aqua City for construction work, including R.C.C. work, masonry, plaster, and other tasks.

The value of this contract is Rs.150 crore, which is equivalent to 42% of the company's market capitalization of Rs.355 crore. With this latest order win, the company has received orders worth Rs.222.75 crore during the current financial ...