Pipe manufacturer Pratibha Industries today said it has bagged two orders worth Rs 196.90 crore from Navi Mumbai Municipal Corporation for water supply related works.
The first order valued at Rs 162.46 crore is secured to construct water supply network, which is to be executed in 18 months, Pratibha Industries said in a filing to the Bombay Stock Exchange.
Further, another contract worth Rs 34.44 crore is to construct water pump and pump house, to be completed in 18 months, the filing added.
Shares of Pratibha Industries were trading at Rs 382.75 on BSE, up 1.77 per cent from previous close.
