Bengaluru, Oct. 13 -- Shares of one of India's fastest-growing private exploration companies, with a strong track record in mineral and unconventional energy resource exploration, surged nearly 4 percent on Monday, after the company secured orders worth nearly Rs. 17 crores from JSW Energy and Coal India.

At 10:30 a.m., the shares of South West Pinnacle Exploration Limited were trading in the green at Rs. 130.7 on BSE, up by around 2 percent, as against its previous closing price of Rs. 128.3, with a market cap of Rs. 390 crores. The stock has delivered positive returns of around 9 percent in the last one year, but has fallen by over 6 percent in one month.

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According to the latest filings with the stock exchanges, South...