Business Standard

Nagarjuna Construction bags three orders worth Rs 776 cr

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BS Reporter Mumbai

Nagarjuna Construction Company (NCCL), a Hyderabad-based infrastructure development company, has secured three new orders aggregating Rs 766 crore.

The first order, valued at Rs 600 crore, is obtained from the New Delhi-based Employees State Insurance Corporation, which involves construction of a medical college and related works at Mandi, Himachal Pradesh. The project is expected to be completed in 24 months.

While the second order valued at Rs 136 crore is from Mumbai-based Mezgon Dock for execution of the Mazdock modernisation project in Mumbai over a period of 28 months, the third order is from the National Institute of Technology, Assam, for construction of a 500-capacity boys' hostel at an outlay of Rs 40 crore, to be executed in 16 months, the company said in a filing to the BSE on Monday.

 

The scrip of NCCL is currently trading at Rs 138.25, up 3.06 per cent, on the BSE on Monday.

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First Published: Jul 20 2009 | 11:21 AM IST

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