Om Metals climbs 19% on bagging Rs 6.15 bn contract from Rajasthan govt

Shares of Om Metals Infraprojects rose as much as 19 per cent to Rs 41.35 on BSE in the intra-day trade as company bags Rs 6.15 bn EPC contract from Water Resources Department, Government of Rajasthan.

"Om Metals Infraprojects has got a letter of Acceptance for the work of Planning, Design, Drawings and Construction of lsarda Dam across Banas River in Village- Banetha, District Tonk, Rajasthan on EPC basis including its operation and maintenance for 5 years. The value of work order IS INR 615.16 crores and has been awarded to the Company by Water Resources Department, Government of Rajasthan",