Gayatri Projects JV declared L1 bidder for new project

Gayatri Projects has been declared as L-1 bidder for a project in joint venture where the Company's share is 80%. The order is received from State Water & Sanitation Mission(SWSM), Uttar Pradesh.

The project is for 'Construction of Kachonda Kalan Group of Villages Water Supply Scheme, District- Lalitpur (Based on Surface Water) and relevant works including Commissioning and Operation and Maintenance for 10 Years'.

The contract value is Rs. 1,96,00,00,000/- (Rupees One Hundred and Ninety Six Crores Only).

Shares of GAYATRI PROJECTS LTD. was last trading in BSE at Rs.17.15 as compared to the previous close of Rs. 17.25. The total number of shares traded during the day was 17174 in over 84 trades.

The stock hit an intraday high of Rs. 17.75 and intraday low of 17. The net turnover during the day was Rs. 294543.

Source : Equity Bulls

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