India’s Benchmark indices ended higher in a volatile session on December 11, with the Nifty going past 13,500. At close, the Sensex was up 139.13 points, or 0.30%, at 46,099.01 and the Nifty was up 35.60 points, or 0.26%, at 13,513.90. Ircon International | CMP: Rs 90.60 | The stock gained 3 percent after the company was awarded the work of upgrading the Gurgaon-Pataudi-Rewari section of NH-352W (design length of 46. 110 km) as a feeder route in Haryana on hybrid annuity mode valuing Rs 900 crore on competitive bidding basis by National Highways Authority of India (NHAI). This work will be undertaken and executed by a special purpose vehicle which shall be incorporated by IRCON as its wholly-owned subsidiary. Snowman Logistics | CMP: Rs 64.80 | The stock was up 6 percent after the company along with SpiceJet signed a memorandum of understanding (MoU) for storage, transportation, and distribution of COVID-19 vaccines. "Snowman will handle the ground services which includes activities such as transportation to/from manufacturers, warehouses, airports and consumption points, packing, storage and warehousing in the required temperature zones, " the company said in a BSE filing. Indian Hume Pipe | CMP: Rs 192.50 | The share price was up over 4 percent after the company bagged a Rs 550-crore order in Uttar Pradesh. "The company has received a letter of acceptance from State Water & Sanitation Mission, Namami Gange & Rural Water Supply Department (SWSM), Lucknow, Government of Uttar Pradesh for providing water supply schemes in 550 villages of Kanpur division in Uttar Pradesh at an approximate value of Rs 550 crore," the company said in an exchange filing. Gayatri Projects | CMP: Rs 36.35 | The stock price added 5 percent after the company’s water division bagged three letters of award. The company received the three letters for Pipe Drinking Water Schemes from Namami Gange and Rural Water Supply Department in Uttar Pradesh. It will work in a joint venture where its share is 97.5 percent for a total value of Rs 1,332 crore. GAYATRI PROJECTS SPML Infra | CMP: Rs 13.20 | The stock jumped 10 percent after the company along with PNC Infra got a Letter of Acceptance (LOA) for an EPC Project from the State Water Supply & Sanitation Mission, Namami Gange & Rural Water Supply Department. The project is for survey, design, preparation of DPR, construction, commissioning and O&M for 10 […]
Gainers & Losers: 10 stocks that moved the most on December 11
