Nagarjuna Const bags Rs570-cr order

Nagarjuna Const bags Rs570-cr order


Mumbai: Hyderabad-based Nagarjuna Construction Co. Ltd said on 24 December it has secured an order worth Rs570 crore from the Government of Oman for the Wadi Adai Al Amerat road project.

The project costing around Omani Riyals 56.549 million (Rs570 crore) is scheduled to be completed in a period of 18 months, the company said in a communique to the Bombay Stock Exchange.

It involves construction of a 7.5 km road, six new bridges of varying lengths, nine box culverts and one single lane bridge, Nagarjuna Construction said.

Shares of the company were trading at Rs338.05, up 4.9% on the BSE.