Hind Dorr surges on Uranium Corp order

DALAL STREET SPIKES

Hindustan Dorr Oliver shares surged 19.4 per cent to close the day at Rs 31.7. The company bagged an order to set up a uranium ore processing plant from the Uranium Corporation of India worth Rs 441 crore. 

The 3,000-tonnes-per-day ore mining and processing facility at Tumalapalle in Andhra Pradesh is expected to be completed within two years. The stock made an intraday high of Rs 31.85 and a low of Rs 26.55 with trading volumes of 2.37 lakh shares (about 3.5-times higher than its two-week average).