Meanwhile, the BSE Sensex was up 136.96 points, or 0.47%, to 29,370.20.

On the BSE, 8,696 shares were traded in the counter so far, compared with an average volume of 7,618 shares in the past one quarter. The stock had hit a high of Rs 201.30 and a low of Rs 193.90 so far during the day. The stock had hit a 52-week high of Rs 247 on 29 June 2016. The stock had hit a 52-week low of Rs 140 on 16 May 2016.

The stock had underperformed the market over the past one month till 27 March 2017, sliding 1.13% compared with the Sensex's 1.47% rise. The scrip had also underperformed the market over the past one quarter, gaining 3.85% as against the Sensex's 11.53% rise.

The small-cap company has an equity capital of Rs 10.49 crore. Face value per share is Rs 10.

Technofab Engineering said that it won new orders including three orders from Power Grid Corporation of India for about Rs 255 crore in Tripura. All three orders are in the industrial and rural electrification sector and works related to 33/11 KV sub stations & associated lines. The orders have a timeline of thirty three months for completion.

The company also received one order from the Ministry of Agriculture and Animal Resources, Kigali, Rwanda for construction contract for establishment of centre of excellence in farm mechanization for $12.29 million exclusive of taxes and duties in Rwanda. The order has a timeline of twelve months for completion.

Technofab Engineering's net profit fell 9.9% to Rs 2.18 crore on 22.3% drop in net sales to Rs 92.58 crore in Q3 December 2016 over Q3 December 2015.

Technofab Engineering is an engineering and construction company, serving the power, industrial and infrastructure sectors, by executing comprehensive balance of plant (BOP) and auxiliary systems on a complete turnkey EPC (engineering, procurement and construction) basis.