Infrastructure company Pratibha Industries has won orders Rs 772 crore in building and water management divisions. The company said it now has an order book of Rs 6,568 crore, and has bagged total orders worth Rs 3,350 crore in the current fiscal year.
Infrastructure company Pratibha Industries has won orders Rs 772 crore in building and water management divisions. The company said it had an order book of Rs 6,568 crore as of Dec 30, and has bagged total orders worth Rs 3,350 crore in the current fiscal year.
Shares of the company surged post the announcement and were up 8% at Rs 40.90 on NSE at 10:00 hrs.
The new orders include Rs 153 crore contract from Rustomjee Realty for civil and structural work of residential buildings in Mumbai, and Rs 136 crore contract from Tata Housing Development Co to construct buildings in its Tata Amantra Project at Kalyan near Mumbai.
Pratibha Industries has also won Rs 403 crore water supply pipeline contract from Gujarat Water Infrastructure, the Mumbai-based firm said on Monday.
Pratibha, through a consortium with Jain Irrigation Systems and Navana Construction has also won Rs 80 crore worth project in Bangladesh from Dhaka Water Supply and Sewerage Authority.
