Nila lnfrastructures witnessed a sharp rise in share price on Wednesday after the company has entered into an EPC contract for Rs 874.6 million with Engineering Projects (India) (EPIL) for construction of the Medical College Campus and Residences at Barmer in state of Rajasthan.

Shares of Nila Infrastructures  are trading at Rs 13.90, up Rs 1.39, or 11.11%  at the Bombay Stock Exchange (BSE) on Wednesday at 10:30 a.m.

The scrip has touched an intra-day high of Rs 14.50 and low of Rs 12.91. The total volume of shares traded at the BSE is 645,975.

Total volume of shares traded on the bourses today was higher by 39.72% to 645,975 compared with 22-day average volume of 462,333.