Hyderabad-based Madhucon Projects jumped 5.88 per cent to close at Rs 307 after the company won a contract worth Rs 989.5 crore, through international competitive bidding, for setting up a thermal power plant in Nellore district of Andhra Pradesh.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		</script> </DIV><p class='TableClas'>The 2x135 mw plant is expected to be completed in 26 months. After starting the day at Rs 290.20, the stock made an intraday high/low of Rs 332/290.10. The counter witnessed trading volumes of 22,803 shares, with delivery volumes of 69.34 per cent. </P></p><p class='TableClas'></p></table>


Madhucon Projects firms up on bagging contract

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