Ramky Infrastructure has moved higher by 11% to Rs 227 after the company said it has bagged two road projects worth of Rs 2,241 crore from National Highways Authority of India (NHAI).
“The first road project worth of Rs 1,207 crore for a six laning of Agra – Etawah bypass section of NH-2 under National Highways Development Project (NHDP) Phase V in the state of Uttar Pradesh to be executed on design, build, finance, operate and transfer (DBFOT/BOT) basis in BOT (Toll) pattern,” the company said in a filing to the stock exchanges.
“The second project is amounting of Rs 1,034 crore for four laning of Hospet - Chitradurga section of NH-13 in the state of Karnataka under (NHDP) Phase III on DBFOT/BOT basis,” it added.
A combined 51,885 shares have changed hands on the counter so far on the NSE and the BSE.
