Meanwhile, the BSE Sensex was up 148.91 points, or 0.52%, to 28,672.11.

Higher than normal volumes were witnessed on the counter. On BSE, so far 2.12 lakh shares were traded in the counter, compared with an average volume of 42,546 shares in the past one quarter. The stock hit a high of Rs 27.80 and a low of Rs 23 so far during the day. The stock hit a 52-week high of Rs 38.55 on 6 January 2016. The stock hit a record low of Rs 19 on 8 June 2016. The stock had outperformed the market over the past one month till 20 September 2016, gaining 7.16% compared with 1.59% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 2.43% as against Sensex's 6.16% rise.

The small-cap company has an equity capital of Rs 330.63 crore. Face value per share is Rs 10.

Shriram EPC said that it received the order from Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) Chennai for providing comprehensive water supply scheme to Pallikaranai and Mugalivakkam areas in Chennai city. The project is to be executed over a period of 24 months.

Shriram EPC reported net loss of Rs 41.84 crore in Q1 June 2016, higher than net loss of Rs 2.79 crore in Q1 June 2015. Net sales declined 37.6% to Rs 94.45 crore in Q1 June 2016 over Q1 June 2015.

Shriram EPC offers design, engineering, procurement, construction and project management services for infrastructure projects.