Kirloskar Brothers - MCCL JV receives extension of order from Andhra Government

Kirloskar Brothers Ltd has announced that KBL-MCCL JV has received an extension of order from the Government of Andhra Pradesh, Irrigation and CAD Department, in respect of increasing capacity of Gandikota Lift Irrigation Scheme from 4 TMC to 6 TMC to irrigate 88465 acres. The total Contract is of Rs 336.22 crores.

The stock closed the day at Rs.362.20, down by Rs.6.45 or 1.75%. The stock hit an intraday high of Rs.370 and low of Rs.360. The total traded quantity was 26935 compared to 2 week average of 58763.

Source : Equity Bulls

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