Innovators Facade Systems bags work order of ~Rs27.5 crore; Stock rallies over 3.5%

2 May 2022 , 11:13 AM

Innovators Facade Systems Ltd has informed to the exchanges that the company has received Letter of Intent  (LoI) for approx Rs27.50 crore.

According to the filing, the LoI is for design, supply, fabrication and installation of Facade Work for “Ankor (West)- Bagmane Capital Tech Park” in Bangalore from Bagmane Developers Private Limited.

At around 11:13 AM, Innovators Facade Systems was trading at Rs68.95 per piece higher by 3.68% on the BSE. The scrip opened at Rs64.40 per piece today.