Bengaluru, Aug. 19 -- The shares of this engineering consultancy firm are in focus after the company announced securing a major order. In this article, we will dive more into the details of the order.

With a market capitalization of Rs 41.3 crore, the shares of Manglam Infra & Engineering Ltd hit a day high of Rs 24.90 per share, up by 11 percent from its previous day closing price of Rs 22.50 per share. In the last one year, the stock has corrected by over 75 percent.

About the order

Manglam Infra & Engineering Ltd, through a stock exchange filing, announced that it has received a Letter of Acceptance from the Ministry of Railways to take on the role of General Consultant (GC) for several projects under the CAO Construction (RSP Unit)...