Valecha Engineering Limited has recently bagged a project from NHPC Ltd worth Rs. 176.29 crores for construction of balance civil works of head race tunnel by DBM, Associated Works and HM Works (Lot PB2B) of Parbati HE Project Stage II in Himachal Pradesh.
With this project, the tunnelling segment constitutes 10% of the order book of the company.
Shares of Valecha Engineering Limited was last trading in BSE at Rs.34.45, down by Rs.1.25 or 3.50%. The stock hit an intraday high of Rs.36.50 and low of Rs.34.10.
The total traded quantity was 0.11 lakhs as compared to 2 week average of 0.33 lakhs.
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