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Supreme Infra rises 10%; bags EPC contract worth Rs 207cr

Supreme Infrastructure has gained as much as 10 percent intraday on back of getting work order from National Highways Authority of India (NHAI).

April 07, 2015 / 14:09 IST
 
 
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Moneycontrol bureau

Supreme Infrastructure has gained as much as 10 percent intraday on back of getting work order from National Highways Authority of India (NHAI).

The company has bagged the EPC work of Rs 207.15 crore from National Highways Authority of India (NHAI).

"This EPC project consists of 4 Laning of Kharar-Kurali section of NH-21 from km 15.765 to km 29.900 (Design Chainages) (New NH-205) in the state of Punjab, as per BSE release.

This is the cash contract with the interest free advance payment from NHAI up to 10 percent of the contract price.

At 14:04 hrs Supreme Infrastructure India was quoting at Rs 238.95, up Rs 19.75, or 9.01 percent on the NSE.

posted by Rakesh Patil

first published: Apr 7, 2015 02:09 pm

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