Vipul jumps up 15%

about 4 months ago
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Vipul rose 15% to Rs.57.65, with volumes surging almost 4 times. Its 52-week high is at Rs.102.45.

The stock price rose after it received an order from Uttar Pradesh Expressway Industrial Development Authority (UPEIDA), Lucknow, for the Operations, Maintenance, Management and Transfer of Wayside Amenities Facility along ‘Agra-Lucknow Expressway’.

The first year fixed annual license fee payable by the Company to UPEIDA excluding GST is at Rs.33 lakh.

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