Wednesday, December 29, 2010

Gayatri Projects bags Rs.1130.67 crore Nagaland contract

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Gayatri-Projects-LimitedEngineering firm Gayatri Projects Limited Wednesday said it has bagged a road contract worth Rs.1,130.67 crore in Nagaland in a joint venture with Maytas Infra.
“The contract from the government of Nagaland is for widening of roads in the state for a total value of Rs.1,130.67,” the Andhra Pradesh-based company said in a regulatory filing.
The joint venture has received a letter of acceptance from the government to this extent, it added.
At the Bombay Stock Exchange, the shares of the company closed 1.42 percent higher to trade at Rs.320.45
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