Gayatri Projects has announced the award of an arbitration claim worth INR 9,143 million, in favour of its JV with IL&FS Engineering & Construction company limited (formerly known as Maytas Infra Limited) for the Nagaland Project. The proceeds from the award will be distributed in proportion to the work done by each partner & payment will be released on completion of the court process.
Shares of GAYATRI PROJECTS LTD. was last trading in BSE at Rs.134.3 as compared to the previous close of Rs. 130.55. The total number of shares traded during the day was 110 in over 23 trades.
The stock hit an intraday high of Rs. 135.8 and intraday low of 130.85. The net turnover during the day was Rs. 14693.