Punj Lloyd, engaged into engineering, procurement and construction (EPC), witnessed a sharp rise in share price on Monday after the company has bagged two orders worth Rs 3.48 billion in its vertical Pipelines and Tankages.

Shares of Punj Lloyd are trading at Rs 22.05, up Rs 1.95, or 9.70% at the Bombay Stock Exchange (BSE) on Monday at 3:02 p.m.

The scrip has touched an intra-day high of Rs 22.70 and low of Rs 20.05. The total volume of shares traded at the BSE is 1,494,677.

Total volume of shares traded on the bourses today was higher by 656.71% to 8,862,062 compared with 22-day average volume of 1,171,135.