NHAI issues provisional completion certificate to Sadbhav Rudrapur Highway Pvt Ltd

National Highways Authority of India (NHAI) has issued Provisional Completion Certificate for 31.40 kms length (out of 42.791 km) with effect from 31st October, 2019 for Sadbhav Rudrapur Highway Private Limited (SRHPL), a wholly owned subsidiary of Sadbhav Infrastructure Project Ltd. Consequently, SRHPL is entitled to receive Annuity Payments w.e.f.31st October, 2019 from NHAI.

Project details: 4-Laning of Rampur-Kathgodam section of NH-87 from 0.00 km 42.791 (design chainage km 0.00 to km 43.446) [Package-I) in the State of Uttar Pradesh under NHDP-III on Hybrid Annuity Mode.

Shares of Sadbhav Infrastructure Project Ltd was last trading in BSE at Rs.21.55 as compared to the previous close of Rs. 23.45. The total number of shares traded during the day was 219249 in over 1016 trades.

The stock hit an intraday high of Rs. 23.65 and intraday low of 20.65. The net turnover during the day was Rs. 4725840.

Source : Equity Bulls

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