Era Infra Engineering (EIEL) has secured contracts worth Rs 128 crore in Maharashtra from Mumbai Railway Vikas Corporation (MRVCL) for escalators and other provisions at some stations in Mumbai.
"EIEL, an integrated infrastructure company with pan-India presence has been awarded a contract valuing Rs 127.87 crore by MRVCL," the company said in a filing with the BSE.
The contracts have been awarded for "procurement of trespassing control measures, including provisions of escalators" at Mumbai stations, it added.
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The shares of the company closed at Rs 13.30 apiece, up 4.97 per cent, from its previous close on the BSE.