Bengaluru, Nov. 19 -- This Penny Infra Stock, engaged in the construction of highways, expressways, turnkey roads, bridges, tunnels, and provides comprehensive infrastructure and civil engineering solutions across India, hits 10 percent upper circuit after receiving a work order worth Rs. 19.57 crores from Municipal Corporation of Greater Mumbai.

With a market capitalization of Rs. 215.38 crores, the shares of Niraj Cement Structurals Limited hit a 10 percent upper circuit of Rs. 36.68 per share on Wednesday, up from its previous closing price of Rs. 33.35 per share. Since then, the stock has retreated and is currently trading at Rs. 36.08 per equity share.

What is the News?

Niraj Cement Structurals Limited has received a new work orde...