India, Feb. 2 -- A microcap company in the business of Engineering, Procurement, & Construction and Real Estate Development saw its stock to surge by more than 5 percent upon receiving new work order.

With a market cap of Rs 363 Cr, Brahmaputra Infrastructure Ltd saw its stock hit an intraday high of Rs 125 which is more than 2 percent higher than the previous close of Rs 122. The company stock has given a compounded return of 32 percent in the last three years.

News Brahmaputra Infrastructure Limited has bagged a Rs 68.91 crore Letter of Award (LOA) for riverbank protection works in Assam. The EPC contract has been awarded by the Water Resources Department, Assam, under ADB's Climate Resilient Brahmaputra Integrated Flood and Riverbank...