Gayatri Projects Bags Order Worth Rs 1,339Cr

Gayatri Projects Bags Order Worth Rs 1,339Cr

Gayatri Projects has secured a Rs1,339cr contract in joint venture with public joint stock company ‘Kyivmetrobud’ i.e. Gayatri-KMB (JV) from National Highways Authority of India for construction of stand along ring road/ bypass around Jammu City in the state of Jammu and Kashmir.

The stock is currently trading at Rs215.75, up by Rs1 or 0.47% from its previous closing of Rs214.75 on the BSE. The scrip opened at Rs216.25 and has touched a high and low of Rs221 and Rs213.85 respectively.

Gayatri Projects is a Hyderabad-based infrastructure company engaged in construction and projects activity. It executes civil works, including roads, irrigation, industrial projects, railway projects, power projects and transmission and distribution. Road projects contribute 55.6% to the current order book, followed by irrigation at 25.7%. Read More…

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