Business Standard

Gayatri Projects gains on winning Rs 175 crore road project

The stock up 3% at Rs 145 on the National Stock Exchange.

SI Reporter Mumbai
Gayatri Projects has moved higher by 3% at Rs 145 on the National Stock Exchange (NSE) after the company announced that it has bagged new order worth of Rs 175 crore from Hyderabad Growth Corridor Limited.

The scope of the work is the construction of balance work of eight lane access controlled express way as Outer Ring Road to Hyderabad City, India, in the stretch from Shamirpet to Keesara with the loan assistance of Japan International Cooperation Agency (JICA), Gayatri Projects said in a statement.

The stock opened at Rs 135 and touched high of Rs 147 on the NSE. A combined 28,661 shares changed hands on the counter on the NSE and BSE till 1204 hours.
 
 

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First Published: Mar 26 2015 | 12:06 PM IST

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