Bengaluru, May 29 -- A micro-cap company saw its shares edge up by 2 percent after announcing a defence sector order worth Rs.10.93 crore. The contract win sparked renewed investor interest, highlighting the company's growing traction in government-linked projects.

During Thursday's trading session, the shares of Meson Valves India Ltd reached an intraday high of Rs.400.75 per share, rising 1.5 percent from the previous close of Rs.394.60 per share. The stock retreated from the peak and is currently trading at Rs.391.05 per share.

Contract Details

Meson Valves India Ltd has received a purchase order from its esteemed client, M/s. Shree Refrigerations Limited, for the supply of critical non-ferrous valves intended for use in the defence...