Bhageria Industries, which had closed on Friday at Rs.152.65, opened today at Rs.155.75 and went on to an intraday high at Rs.162; its 52-week high stands at Rs.189.

The stock price rose today after the company announced that it has received a Letter of Award (LoA) for the execution of turnkey domestic solar engineering, procurement and construction (Solar EPC) works of a ground mounted solar power project with 10 year's comprehensive operation and maintenance.

The project has a total order value of Rs.28 crore, with an aggregate capacity of 4.5 MW (AC)/ 6.0 MWp (DC), to be installed at Village Kombhalne, Ahmednagar.