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Business News/ Companies / Pratibha Industries bags Rs137 cr order from Indore Dev Authority
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Pratibha Industries bags Rs137 cr order from Indore Dev Authority

Pratibha Industries bags Rs137 cr order from Indore Dev Authority

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By PTI

Mumbai: Infrastructure development firm Pratibha Industries in joint venture with Niraj Cement Structurals has bagged a road construction project worth Rs137.30 crore from Indore Development Authority.

Under the project, which is scheduled to be executed in 24 months, Pratibha Industries would construct a corridor on A B Road stretching from Niranjanpur to Rajiv Gandhi Square in Indore, Madhya Pradesh, the company said in a filing to BSE.

The project comes under the ‘Bus Rapid Transit System,’ of Principle Agency Indore City Transport Services floated by Indore Development Authority. Shares of the company were trading at Rs267, up 2.50% on BSE in morning trade.

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Published: 14 Aug 2007, 12:05 PM IST
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