National Highways Authority of India ("NHAI") has declared the Appointed Date for the Project as August 30, 2018.
The project entails the 6—laning of the 8.15 Km stretch, at a bid project cost of Rs. 1,161 crores. Under the Concession Agreement construction of the Project is to be completed within 42 months from the Appointed Date and is to be maintained for 15 years thereafter, post which it will be transferred to NHAI.
Shares of Welspun Enterprises Ltd was last trading in BSE at Rs.158.75 as compared to the previous close of Rs. 163.95. The total number of shares traded during the day was 95741 in over 1558 trades.
The stock hit an intraday high of Rs. 165.3 and intraday low of 158.05. The net turnover during the day was Rs. 15544538.