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PBA Infra rises on Rs 459-crore order

DALAL STREET SPIKES

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BS Reporter Mumbai

Construction firm PBA Infrastructure galloped 15.84 per cent to Rs 30.35, after the company announced that it has received an order worth Rs 459 crore. The contract was awarded by Nagpur Sical Gupta Road Terminal and the scope of the work includes construction of roads, paved areas and drains in Nagpur, Maharashtra.

The stock opened flat at Rs 26 and made an intraday high of Rs 31.40 and a low of Rs 25.60. The counter witnessed a five-fold jump in trading volumes to 61,642 shares, compared to its two-week average.

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First Published: Jan 13 2009 | 12:00 AM IST

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