Infrastructure development firm Pratibha Industries today said it has bagged an order worth Rs 144.69 crore from Greater Mumbai Municipal Corporation for installation of automatic water meters in various city wards.
Under the contract the company would supply, install and maintain 45,068 automatic water meters of various sizes, Pratibha Industries said in a filing to the Bombay Stock Exchange.
The installation of meters has to be completed in 12 months and they are to be maintained for a period of 60 months thereafter, the company added.
Shares of Pratibha Industries were trading at Rs 218, up 4.08 per cent in the morning trade on the BSE.