Title - Valecha Engg gains on new orders

Valecha Engineering, an infrastructure development company, gained on Tuesday after it bagged projects worth Rs 3.63 billion. The company bagged 3 projects in Surat worth Rs 1.9 billion. It also secured a Rs 1.05 billion highway project in MP.And also the company has bagged pilling projects worth Rs 588.2 million and Rs 9,31,000 contract from Delhi Metro Rail Corporation.Shares ofthe companyare trading at Rs 56.15, up Rs 1.35, or 2.46% at the Bombay Stock Exchange (BSE) on Tuesday at 9:42 a.m.The scrip has touched an intra-day high of Rs 56.90 and low of Rs 56. The total volume of shares traded at the BSE is 8,647.In the earlier session, the shares gained 0.55%, or Rs 0.3, at Rs 54.80. Currently, the stock is trading down 35.39% from its 52-week high of Rs 86.90 and above 32.12% over the 52-week low of Rs 42.50.Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 55.50 (0.70) (1.26) 1 Month 58.70 (3.90) (6.64) 3 Months 50.40 4.40 8.73 6 Months 77.15 (22.35) (28.97) 1 Year 79.95 (25.15) (31.46) Note: Based on previous day closing price.