Friday, March 19, 2010

Nagarjuna Construction bags Rs 722-cr orders

Nagarjuna Construction bags Rs 722-cr orders: "Nagarjuna Construction Company today secured five orders aggregating to Rs 722 crore. The construction major bagged the first order of Rs 328 crore from Bangalore water supply and sewerage board at west Bangalore that will be completed over the next 26 months.

The third has come from Jain Housing Chennai for residential apartments valued at Rs 100 crore to be completed over a period of 12 months, fourth from Rail Vikas Nigam, New Delhi worth Rs 91 crore and the last from Chennai Metropolitan Water Supply of Rs 60 crore to be completed in another two years.

At the Bombay Stock Exchange the shares of the construction company was trading at Rs 167.60 at 12:07 down 0.56 per cent at Rs 168.55 from its previous close."

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