Pratibha Industries secures contract from Airport Authority of India

Pratibha Industries Ltd has announced that the Company has secured a contract from Airport Authority of India for Modular Expansion of Terminal Building at Amritsar Airport, Amritsar (Phase - II) in joint venture with Unity Infraprojects Ltd. The value of the contract is Rs 656 million.

The project involves "civil construction for the new expansion area along with related electric and electronic installations". The project is required to be completed in ten months.

The Company is engaged in infrastructure business with key focus on water segment. As the Company moves ahead, it has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.

Source : Equity Bulls

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