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Nagarjuna bags Rs 481-crore orders

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BS Reporter Hyderabad

Hyderabad-based infrastructure development company Nagarjuna Construction Company Limited has bagged two orders aggregating Rs 481 crore.

The first order, valued at Rs 449 crore, is from the water resources department of Bihar for the restoration of Eastern Gandak canal system to be completed in 25 months.

The second order, valued at Rs 32 crore, is from Chennai-based tyre maker MRF Limited involving construction of its proposed radial tyre and easy tyre plants in Medak district of Andhra Pradesh. The order is to be executed over a period of six months, the company said in a filing to the BSE on Tuesday.

 

The NCCL stock is currently trading at Rs 136 on the BSE, up 0.22 per cent as against the previous close of Rs 135.70.

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First Published: Sep 01 2009 | 3:20 PM IST

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