The company announced the new order win during trading hours on Thursday, 23 September 2010, when the stock jumped 8.04% to Rs 88.70.

Meanwhile, the BSE Sensex was up 138.39 points, or 0.70% at 19,999.40.

On BSE, 7.44 lakh shares were traded in the counter. The stock hit a high of Rs 94.40 and a low of Rs 85.50 so far during the day.

At the ruling market price, the stock is up 10.23% in two trading sessions from a recent low of Rs 82.10 on 22 September 2010.

The project is to be executed on build, operate and transfer basis, the company said in a filing with BSE.

PBA Infrastructure's net profit declined 24.2% to Rs 3.26 crore on 20.3% decline in net sales to Rs 80.68 in Q1 June 2010 over Q1 June 2009.