Sanghvi Forging & Engineering, an engineering and forging company, witnessed a rise in share prices on Monday after it has received an orders worth Rs 100 million. The fresh orders have come in from Oil & Gas, Power and Shipbuilding sectors. The majority of the orders received by the company are for its new heavy open die forging plant.

Shares of the company are trading at Rs 40, up Rs 3.6, or 9.89% at the Bombay Stock Exchange (BSE) on Monday at 11:06 a.m. The scrip has touched an intra-day high of Rs 40 and low of Rs 35.80. The total volume of shares traded at the BSE is 17,846.