Ramky Infrastructure surges on orders worth Rs 613 crore

Of the three orders worth Rs 613 crore two are in the state of Chhattisgarh and the third at Amritsar

Shares of Ramky Infrastructure were up 6% at Rs 70 on the Bombay Stock Exchange after the company said it has received three orders aggregating Rs 612.88 crore.

Two orders are for the rehabilitation and up-gradation of NH-200 in the State of Chhattisgarh is worth Rs 562.14 crore, the company said in a release.

The third order worth Rs 50.74 crore is for development and beautification of road/crossing from Hall gate to Golden Temple and back to Pink Plaza, Amritsar, the release added.

The stock opened at Rs 65.85 and touched a high of Rs 72.30. At 12:50pm, over 432,000 shares were traded on both the stock exchanges.