Ramky Infra wins road project, stock at month’s high

Ramky Infra wins road project, stock at month’s high

Mumbai: Ramky Infrastructure Ltd. on Friday said that it has won a road project from the National Highways Authority of India to build, operate and transfer the project over a 25-year period.

Investors cheered the news, sending the stock to a monthly high of Rs.236 in intra-day trading. At 1:10 am local time, the company’s shares were trading up 11.4% at Rs.232.80, outperforming the benchmark Sensex’s 0.6% rise.

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