IL&FS Engineering surged some 17% at Rs.54 with some 54,000 shares changing hands in the morning.

The stock is in the limelight after its JV said that it has received transmission work. This order is worth Rs.136 crore and is for putting up 765 KV transmission line in Gujarat.

The order is from Power Grid Corporation of India and includes tower package-TW05 for 765 KV D/C Bhuj-Banaskanta transmission line associated with green energy corridors. This order is over and above the already existing 765 KV line projects.