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| Nagarjuna Construction firms up on order win |
| BS Reporter / Mumbai Feb 09, 2010, 16:48 IST |
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The stock settled at Rs 156, up 1% from its previous close. The counter clocked volumes of 68,000 shares on the BSE.
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(Updated at 0948hrs)
Nagarjuna Construction had strengthened after bagging orders five orders aggregating Rs 583 crore. The stock is trading at Rs 156, higher by Rs 1 or 0.8%, on the BSE. The shares had opened at Rs 156 and have touched a high of Rs 159 and a low of Rs 155 thus far.
The company bagged a Rs 238-crore order from the public health engineering department, Kolkata, for surface water-based piped water supply scheme, a Rs 124 crore order from the Orissa-based Mahanadi Coal Fields for drilling and excavation work and a Rs 85-crore order from the National Water Supply and Drainage Board, Sri Lanka, for construction of Mahara and Blygama schemes.
The fourth is a Rs 78 crore order from Slum Rehabilitation Authority, Nagpur, for construction of tenementsand the fifth is a Rs 58 crore order from the Bangalore-based SPL Relators for the Shriram Surabhi project at Mallasandra, the company said in a filing to the BSE on Monday.
Nagarjuna Construction is a Hyderabad-based infrastructure development company.
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