RDB Industries receives new orders

RDB Industries Ltd has announced that the Company has bagged the following contracts / assignments by winning tenders:

1. A contract awarded by the office of the Director General Married Accommodation Projects, New Delhi, to build 72 dwelling units at Fort Williams, Kolkata, over a period of 18 months. The estimated value of the contract is Rs 21 crores.

2. The Burdwan Municipalty, Burdwan, has awarded the Company land measuring 13,840 sq.m. approx. to build residential and commercial complex at Burdwan.

3. The Gunawati Municipal Development Authority has awarded the Company right to develop residential complex at Borsojai, Guwahati, on Joint Venture Basis over a land measuring 28,328.46 Sq.m. approx.

The stock was trading at Rs.129.50, up by Rs.4.10 or 3.27%. The stock hit an intraday high of Rs.132 and low of Rs.126.10. The total traded quantity was 24845 compared to 2 week average of 14501.

Source : Equity Bulls

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