Bengaluru, May 8 -- The shares of the Micro-Cap company, which specializes in providing construction and allied services across residential, commercial, and institutional projects, jumped upto 10 percent upon receiving a work order for Rs. 150 crores from Arvind Smartspaces.

With a market capitalization of Rs. 361.70 crores on Thursday, the shares of Chavda Infra Limited jumped upto 10.2 percent, making a high of Rs. 148 per share compared to its previous close of Rs. 133.05 per share.

Chavda Infra Limited, engaged in offering a diverse array of construction and related services for residential, commercial, and institutional projects in Gujarat, has secured a new work order worth Rs. 150 crore (excluding taxes) from Arvind Smartspaces L...