Nagarjuna Construction wins orders worth Rs 776 crore

Nagarjuna Construction wins orders worth Rs 776 crore Hyderabad-based infrastructure major Nagarjuna Construction Company has informed that it has secured three new orders worth Rs 776 crore.

The company has bagged the first order valued at Rs 600 crore from the Employee State Insurance Corporation, New Delhi for construction of Medical College and related works at Mandi, Himachal Pradesh to be completed over a period of 24 months.

While, the second order, which was valued at Rs 136 crore, has been picked by the company from the General Manager, Mezgon Dock Limited, Mumbai for Mazdock Modernization Project Works in Mumbai. The project is expected to be completed over a period of 28 months.

The third order worth Rs 40 crore has been received from the National Institute of Technology, Assam for construction of 500 Capacity Boys Hostel. The project is schedule to be completed over a period of 16 months.

The scrip of Nagarjuna Construction today closed the day with a gain of Rs 5.60 or 4% at Rs 140 on BSE.