Sadbhav Infrastructure Project gains on order from NHAI

The company has received L1 status for two road projects from NHAI

Shares of Sadbhav Infrastructure Project were up nearly 2% at Rs 92 on the Bombay Stock Exchange after the company said it has been awarded "L1" status for road projects from National Highways Authority of India.

The first is the four laning and design chainage of Rampur-Kathgodam section of NH-87 in the State of Uttar Pradesh under NHDP-III on hybrid annuity mode.

The second is the four laning and design chainage of Rampur-Kathgodam section of NH-87 in the State of Uttarakhand under NHDP-III on hybrid annuity mode.

The stock opened at Rs 91 and touched a high of Rs 92. At 12:40pm, over 6,500 shares were traded on both the stock exchanges.