The company announced the fresh order during trading hours on Wednesday, 10 March 2010.

Meanwhile, the BSE Sensex was up 28.31 points, or 0.17% to 17,126.64.

On BSE, 3.98 lakh shares were traded in the counter as against an average daily volume of 78,738 shares in the past one quarter.

The stock hit a high of Rs 103.80 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 96 so far during the day. The stock had hit a 52-week low of Rs 24.85 on 12 March 2009.

The stock has risen 10.25% in just two trading sessions from a recent low of Rs 92.65 on 9 March 2010, boosted by the latest order win.

The company's equity capital is Rs 16.62. Face value per share is Rs 10.

The current price of Rs 102.15 discounts the company's Q3 December 2009 annualized EPS of Rs 9.43, by a PE multiple of 10.83.

The latest orders are for the supply of air-cooled heat exchangers for upstream and downstream projects in the oil & gas sector for Indian Oil Corporation (IOC), Mangalore Refineries and Petrochemicals (MRPL) and ONGC.

Last month, the company announced that it had bagged orders worth Rs 140 crore.

GEI Industrial Systems' net profit surged 44.60% to Rs 3.92 crore on 27% increase in net sales to Rs 61.29 crore in Q3 December 2009 over Q3 December 2008.

The company is engaged in manufacturing air-cooled heat exchanger and fin tubes. It provides innovative engineering systems and solutions.