Ahmedabad-based Jaihind Projects, in consortium has bagged a contract of Rs 206.53 crore from Gujarat State Petroleum Ltd (GSPCL) for installation and construction services, goods supply within India and mandatory spares supply within India for Morbi Mundra Pipeline Project.

Jaihind Projects Ltd. provides engineering and construction services to oil and gas, steel, water supply and power industries in India.

In addition, Jaihind provides construction management services, as well as engineering and turnkey services in the areas of plant and facilities, mechanical engineering, piping, civil and structural, electrical, instrumentation and control, and pipeline.

At 10:07 am, Jaihind Projects was quoting at Rs 140, up Rs 3.60, or 2.64%. The stock touched an intraday high of Rs 143.20 and an intraday low of Rs 140.