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Madhucon Projects is locked in upper circuit of 5% at Rs 58 on the BSE after the company received the letter of award from National Highway Authority of India (NHAI) for the project valued Rs 397 crore in Tamil Nadu.
The company said it has received the letter of award on 17 March 2015 from NHAI for the project work in Nagapattinam - Thanjavur Section of NH-67 in Tamil Nadu under NHDP-III on engineering, procurement and construction (EPC) mode valued Rs 397 crore.
Till 1016 hours, a combined 183,541 shares changed hands and there pending buy orders for 100,005 shares on the BSE and NSE.
The company said it has received the letter of award on 17 March 2015 from NHAI for the project work in Nagapattinam - Thanjavur Section of NH-67 in Tamil Nadu under NHDP-III on engineering, procurement and construction (EPC) mode valued Rs 397 crore.
Till 1016 hours, a combined 183,541 shares changed hands and there pending buy orders for 100,005 shares on the BSE and NSE.
