Brahmaputra Infrastructure Ltd have received a LOA of an total amount Rs. 69.96 Crores

Brahmaputra Infrastructure Limited have received a LOA from the office of Chief Engineer, Water Resource Department, 5th Floor AWC, Basistha, Guwahati - 29 for the execution of River Protection work of an total amount Rs. 69.96 Crores.

- Procurement of works for Palashbari and Gumi/ Guwahati West Subproject (Guwahati West): Underwater riverbank Protection works (Section 1) and above water riverbank protection works (Section 2), Package No. W2PG (B) GW : Lot I - Letter of Acceptance. The order value is Rs. 24.25 crores.

- Procurement of works for Palashbari and Gumi/ Guwahati West Subproject (Guwahati West): Underwater riverbank Protection works (Section 1) and above water riverbank protection works (Section 2), Package No. W2PG(B)GW: Lot 2 - Letter of Acceptance. THe order value is Rs. 21.47 Crores.

- Procurement of works for Palashbari-Gumi - Riverbank Protection Works PalashbariGumi subproject in Kamrup (Rural) district (at Siminia area, Makadhuj Area to Futuri, Dakhala (Kalitapara), Guimara and Adaptation Works) underwater riverbank protection works (Section 1) and above water riverbank protection works (Section 2), Package No. W2- PG(A)- Letter of Acceptance. The order value is Rs. 24.24 Crores.

All the above orders have to be executed within 36 months.

Shares of BRAHMAPUTRA INFRASTRUCTURE LTD. was last trading in BSE at Rs. 78.89 as compared to the previous close of Rs. 75.98. The total number of shares traded during the day was 16644 in over 171 trades.

The stock hit an intraday high of Rs. 79.77 and intraday low of 73.70. The net turnover during the day was Rs. 1311758.00.

Source : Equity Bulls

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