Vijay Kedia-owned stock hits 10% upper circuit on Rs 70-crore order win

Innovators Facade Systems has own order worth over Rs 70 crore from Lodha Group

Shares of Innovators Facade Systems were locked in 10 per cent upper circuit band, at Rs 66.8 per share, on the BSE on Wednesday after the company announced order win worth over Rs 70 crore. In comparison, the benchmark S&P BSE Sensex was up 0.27 per cent at 1:30 PM.
 

"This is to inform you that the Company has been awarded the Work Order of approximately Rs 70 (plus) crores for Design, Supply, Fabrication and Installation of Facade Work in Mumbai region from Lodha Group," the company said in an exchange filing.

Ace investor Vijay Kedia held 2.01 million shares,