Bengaluru, July 31 -- This Penny stock, engaged in engineering, procurement, construction, and turnkey services for infrastructure projects, including roads, railways, power transmission, renewable energy, and water supply, hit a 5 percent upper circuit after receiving an order worth Rs. 29 crore for a transmission project in Gurugram.

With a market capitalization of Rs. 82.65 crores, the shares of K2 Infragen Limited hit a 5 percent upper circuit of Rs. 65.50 per share on Thursday, up from its previous closing price of Rs. 62.40 per share.

K2 InfraGen Limited has received a new work order worth Rs. 28.50 crores for a project in Manesar, Gurugram. The order includes the design, manufacturing, supply, erection, testing, and commissioning...