BS shares jumped on Friday after the company has won several orders to the tune of Rs 7.22 billion from power utilities. These orders are for turnkey/ EPC contracts for 220 KV and 132 KV transmission lines and associated substations in Madhya Pradesh.

The projects funded by Asian Development Bank are for strengthening the grid and enhancing transmission capacity, bringing much-needed electricity to the region to meet growing domestic and industrial demand.

Shares of the company are trading at Rs 14.54, up Rs 2, or 15.95% at the Bombay Stock Exchange (BSE) on Friday at 9:45 a.m.

The scrip has touched an intra-day high of Rs 15.04 and low of Rs 13.75. The total volume of shares traded at the BSE is 219,292.

In the earlier session, the shares declined 0.95%, or Rs 0.12, at Rs 12.54.

Currently, the stock is trading down 14.47% from its 52-week high of Rs 17.00 and above 39.14% over the 52-week low of Rs 10.45.