Voltas extends rally on Rs 1,000 crore overseas orders
The stock has rallied over 14% in past two trading sessions on the Bombay Stock Exchange.
Voltas has rallied 10% to Rs 109, extending its yesterday’s over 4% gain on BSE, after the company has bagged three overseas project orders worth Rs 1,000 crore in the West Asia.
The first project is for a 120-bed integrated health centre and workers' hospital in Qatar, the PTI report suggests.
The second one is for a sports hall and administrative office in a 5,350-seat indoor stadium being built to host the World Cup Handball Competition scheduled for January 2015 in the country. The third project is for a 5-Star hotel, the Kempinski Wave in Muscat.
The counter has seen huge trading activity with a combined 10.37 million shares already changed hands till 1140 hours, against an average around 2 million shares that were traded daily in past two weeks on the BSE and NSE.
The first project is for a 120-bed integrated health centre and workers' hospital in Qatar, the PTI report suggests.
The second one is for a sports hall and administrative office in a 5,350-seat indoor stadium being built to host the World Cup Handball Competition scheduled for January 2015 in the country. The third project is for a 5-Star hotel, the Kempinski Wave in Muscat.
The counter has seen huge trading activity with a combined 10.37 million shares already changed hands till 1140 hours, against an average around 2 million shares that were traded daily in past two weeks on the BSE and NSE.
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First Published: Nov 28 2013 | 11:45 AM IST