Bengaluru, April 21 -- A micro-cap stock surged 6 percent after securing a major civil works contract worth Rs.206.5 crores in Vijayawada, Andhra Pradesh. The order win highlights the company's growing presence in large-scale infrastructure projects.

Price Movement

During Monday's trading session, shares of Ganesh Infraworld Ltd reached an intra-day high of Rs.157.00 apiece, rising 6 percent from its previous closing price of Rs.148.05 apiece. However, the stock retreated later and is trading at Rs.153.50 apiece.

What Happened

Ganesh Infraworld Limited has received a sub-contract work order valued at Rs.206.5 crores for Balance of Plant (BOP) Civil Works in the Vijayawada region of Andhra Pradesh. This contract adds to the company's g...