VPRPL Shares Jump To Four-Month High On Rs 273-Crore Order Win
The stock rose as much as 8.55% during the day to Rs 212 apiece on the NSE.
![<div class="paragraphs"><p>(Source: Vishnu Prakash R Punglia website)</p></div>](https://media.assettype.com/bloombergquint%2F2023-08%2F6eda5b43-d108-4d99-8c44-0a23d9be63ce%2FVishnu_Prakash_R_Punglia_website.jpg?rect=0%2C0%2C1244%2C700&auto=format%2Ccompress&w=200)
Shares of Vishnu Prakash R Punglia Ltd. surged nearly 9% on Wednesday to the highest level in over four months after bagging an order worth Rs 273.1 crore from the Uttar Pradesh Jal Nigam (Urban).
The infrastructure development company has received a letter of acceptance for survey, soil investigation, engineering, design and supply materials related to a water supply scheme for the Naini extended area in Prayagraj, according to an exchange filing.
![VPRPL Shares Jump To Four-Month High On Rs 273-Crore Order Win](https://media.assettype.com/bloombergquint%2F2024-06%2F677f77a6-0afc-409d-9521-b2060c5281da%2FVPRPL.png?auto=format%2Ccompress)
On the NSE, VPRPL's stock rose as much as 8.55% during the day to Rs 212 apiece, the highest since Feb. 9. It was trading 5.73% higher at Rs 206.50 per share, compared to a 0.07% advance in the benchmark Nifty at 10:50 a.m.
The share price has gained 42.17% in the last 12 months but declined 4.45% on a year-to-date basis. The total traded volume so far in the day stood at 9.1 times its 30-day average. The relative strength index was at 69.08.