Patel Engg bags Rs 161-cr order from Karnataka

Patel Engineering today said it has bagged a Rs 160.69 crore order for upgradation of Tinthini-Kalmala road from the Karnataka government.

"The project comprises upgradation of 73.8-km long stretch from Tinthini to Kalmala, a part of State Highway 61 and State Highway 15," the infrastructure firm said in a statement.

The project is expected to be completed within two and a half years, it added.

Patel Engineering's scrips closed at Rs 139, up 4.64% on the Bombay Stock Exchange today.