Bhageria Industries shares shot up by 9% on 10 October after the company announced securing Rs 104.49 crore order from APM Terminal, Kingdom of Bahrain.

In its regulatory filing, the company announced that it had received a turnkey international solar engineering, procurement, and construction (Solar EPC) project that includes operation and maintenance and waterproofing in APM Terminal, Kingdom of Bahrain.

The project will have a total capacity of 11.40 megawatt peak (MWp), and this project has a cumulative order value of Rs 104.49 crore.

Suresh Bhageria, executive director and chairman of Bhageria Industries, said, “This win signifies the company’s entrance into global markets, marking a substantial stride toward realizing their vision of spearheading sustainable energy transitions on a global scale.”

On 2 October, the company received a LoA (letter of Award) from Paranjape Autocast Private Limited for the execution of a turnkey domestic solar EPC work of a ground-mounted solar power project with comprehensive operation and maintenance for 10 years.

The project has a total capacity of 4.5 megawatts (AC) / 6.0 megawatts (DC) and has a cumulative order value of Rs 27.70 crore.

At 11:57 am, Bhageria Industries shares were trading at Rs 165.80 or 7.45% above its previous close of Rs 154.30 on NSE.