Subhash Projects bags order worth Rs 152 crore

Subhash Projects Subhash Projects and Marketing Limited, an infrastructure development company in India, has secured three orders worth Rs 151.80 crore from various firms.

The company secured the first order worth Rs 103.26 crore from Bihar State Electricity Board, Patna for supply of materials and equipments for creation of Rural Electricity Infrastructure and Household Electrification in Supaul District of Bihar on Turn Key basis under Rajiv Gandhi Grameen Vidyutikaran Yojna (RGGVY-in XIth Plan).

Further, the company bagged an another order worth Rs 4.76 crore from Bihar State Electricity Board for installation/erection including associated civil works, testing and commissioning including performance testing of all the equipments under creation of Rural Electricity Infrastructure and Household Electrification in Supaul District of Bihar.

The third order which is valued at Rs 43.77 crore, has been received by the company from Public Health Engineering Directorate, Govt. of West Bengal for the work of surveying entire route of clear water rising main, filling up of ditches, laying of 1200 ± 6mm dia, clear water rising, construction of three nos. steel bridges, crossing of major arterial road by trench less technology including all other allied works under New Town Kolkata Project.

The shares of the company today closed at Rs 146 on BSE. The counter has made 52-week-high and low of Rs 198 and Rs 36 respectively.