Bengaluru, Nov. 12 -- The shares of the penny stock company specializing in manufacturing process plant equipment and providing site engineering and construction project solutions, jumped upto 3 percent upon receiving a work order from Indian Oil Corporation.

With a market capitalization of 166.14 Crores on Wednesday, the shares of Expo Engineering And Projects Ltd jumped upto 3 percent, reaching a high of Rs. 73.98 compared to its previous close of Rs. 71.81.

What Happened

Expo Engineering and Projects Ltd, engaged in manufacturing process plant equipment and providing site engineering and construction project solutions, has received a work order worth Rs.14.53 crore (inclusive of taxes) from Indian Oil Corporation Limited (IOCL), Hal...