Bengaluru, Nov. 10 -- The stock surged after securing an Rs.8.8 crore government order for a major water supply project. Despite recent profit declines, the firm's diverse portfolio, strong client base, and focus on innovation and infrastructure solutions highlight its potential for recovery and long-term growth.

The shares of this water solution provider gained up to 4 percent in today's trading session after the company bagged a significant work order from the Government of Rajasthan worth Rs 8.80 crore.

With a market capitalization of Rs 32.45 crore, the shares of AIK Pipes and Polymers Ltd were trading at Rs 51.00 per share, increasing around 4.92 percent as compared to the previous closing price of Rs 48.61 apiece.

Significant ord...