Bengaluru, Jan. 13 -- This Infra Stock, engaged in manufacturing pre-engineered buildings (PEBs), complex structural steel components, and self-supported steel roofing solutions, jumped 2.94 percent after securing a domestic order worth Rs. 63.50 crore for supplying pre-engineered buildings and structural steel.

With a market capitalization of Rs. 2,013.05 crores, the share of M & B Engineering Limited has reached an intraday high of Rs. 354.95 per equity share, rising nearly 2.94 percent from its previous day's close price of Rs. 344.80. Since then, the stock has retreated and is currently trading at Rs. 352.25 per equity share.

Reason Behind the Surge

M&B Engineering Limited, its wholly owned subsidiary Phenix Building Solutions Priv...