BSE Industrial index gains over 1%; IRB Infra zooms 17%, hits 52-week high

Other stocks that were buzzing in the trade were Texmaco Rail (up 11 per cent), Capacite Infraprojects (up around 10 per cent), and Adani Enterprises (up over 8 per cent).

Most industrial stocks were trading in the positive territory on Wednesday with the S&P BSE Industrial index advancing over 1 per cent to 2,628.30 levels. In comparison, the benchmark S&P BSE Sensex was quoting at 38,759.64 levels, up 0.6 per cent. 

Among individual stocks, IRB Infrastructure Developers zoomed nearly 17 per cent to hit a 52-week high of Rs 138.80 on the BSE during the day after the company informed it has received unanimous Arbitral award of Rs 73.86 crore for one of its earlier projects in Punjab. At 02:06 PM, the stock was trading 9.5 per cent higher at Rs