Nagarjuna Construction wins orders worth Rs540 crore
Moneylife Digital Team 27 October 2010

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.
 

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