Kirloskar Brothers receives order worth Rs.255 crores

Kirloskar Brothers Ltd has announced that the Company has received an order from IVRCL - NAVAYUGA & SEW - Joint Venture, for Government of Andhra Pradesh, Irrigation and CAD Department, in respect of survey, design, model study, manufacturing, supply, erection, testing, commissioning, operation and maintenance of complete Electro-Mechanical Works for Sripada Sager Project Stage-II, Phase-I. The Project consists of water conductor and five pump houses pumps, Motors alongwith other ancillary works. The total Contract is of Rs 255 crores.

Sripada Sagar Project Stage-II, Phase-I envisaged for lifting of 28 cumecs of water from river godavari with its Intake Pump House proposed in a stream course of Bandlavagu at Vemanoor Village, Ramagumdam Mandal, Karimrrngar District.

The stock was trading at Rs.367, up by Rs.6.60 or 1.83%. The stock had hit an intraday high of Rs.374.90 and low of Rs.364.20.

Source : Equity Bulls

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