Omaxe subsidiary picks three orders worth Rs 128.34 crore

Omaxe subsidiary picks three orders worth Rs 128.34 croreOmaxe Ltd has notified that Omaxe Infrastructure & Construction Pvt. Ltd, a 100% subsidiary of the Company has secured three construction contracts worth Rs 128.34 crore from U P Projects Corporation Ltd (a UP Government Undertaking).

The company has bagged the first contract worth Rs 63 crore for renovation / face lifting of ESI Hospital, Bhubaneswar.

Further, it secured the second contract for renovation / face Lifting of ESI Hospital, Choudwar, Cuttack at an estimated cost Rs 59.30 crore.

The company received the third order, which is valued at Rs 59.50 crore for renovation / face lifting of Regional Office, Bhubaneswar.

Ahead of positive announcement, the scrip of the company was trading at Rs 106, up 1.19% compared to its previous close.