Nagarjuna Construction Company Ltd said it won orders worth Rs540 crore from various agencies for infrastructure-related works.
The Hyderabad-based company has won an order worth Rs388 crore from Tamil Nadu Water Supply and Drainage Board for construction of Hogenakkal Water Supply and Fluorosis Mitigation project, Nagarjuna Construction said in a filing to Bombay Stock Exchange (BSE).
The company has also received an order worth Rs73 crore from UP Jal Nigam. The project has to be completed in 18 months.
The company has won two more contracts from Chennai Metropolitan Water Supply and Sewage Board, Chennai and Salem City Municipal Corporation, Salem for Rs41 crore and Rs38 crore, respectively, for various construction-related works. Both projects have to be completed in 24 months.
On Thursday, Nagarjuna Construction shares ended 0.6% down at Rs151 on the Bombay Stock Exchange, while the benchmark Sensex declined 1.1% at 20,005 points.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )