B.R. Goyal Infrastructure Limited witnessed a sharp jump of over 6% in its share price after the company announced that it has bagged a significant work order from the Public Works Region, Nashik. As of 9:26 AM, the shares were trading 6.92% higher at Rs 163.85.
According to the company’s filing with the stock exchange, the order pertains to the improvement and widening of Adgaon–Girnare–Waghera–Harsul–Ozarkhed Road (State Highway 28) in Maharashtra. The total accepted contract value stands at ₹125.85 crore (₹125,85,65,000).
The project is to be executed within 18 months from the date of award.
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