Niraj Cement Structurals witnessed a rise in share price on Wednesday after it announced on Tuesday that the company has secured tender with Odisha PWD for project, widening & strengthening of Banigochha Madhapur-Khajuriapad- Phulbani-Sarangada road (SH-1) from 142/800km to 149/900 km & 154/000 km to 163/000 km & Nuntikiri Barapada Road from 0.0 km to 9.25 km.
The project (widening & strengthening of Banigochha Madhapur, Khajuriapad-Phulbani-Sarangada road (SH-1) from 142/800km to 149/900 km & 154/000 km to 163/000 km & Nuntikiri Barapada Road from 0.0 km to 9.25 km) shall be developed at a cost of Rs 458.1 million.
Shares of Niraj Cement Structurals are trading at Rs 10.02, up Rs 0.47, or 4.92% at the Bombay Stock Exchange (BSE) on Wednesday at 11:39 a.m.
The scrip has touched an intra-day high of Rs 10.02 and low of Rs 10.02. The total volume of shares traded at the BSE is 3,267.