Gammon India Ltd Secures Project from NHAI

Gammon India Ltd has secured a project from National Highways Authority of India ("NHAI"). The project involves Engineering, Procurement & Construction (EPC) for Four Laning of Udhampur to Ramban Section of NH-1A in the State of Jammu & Kashmir Under NHDP Phase-II.

The scope of work is for Four Laning of Udhampur to Ramban Section of NH-1A from KM. 67.00 to KM. 89.00 & KM. 130.00 TO KM. 151.00 in the State of Jammu & Kashmir under NHDP Phase-II.

The Value of the contract is Rs. 1709.99 Crores.

Shares of GAMMON INDIA LTD. was last trading in BSE at Rs.11.31 as compared to the previous close of Rs. 11.22. The total number of shares traded during the day was 83348 in over 318 trades.

The stock hit an intraday high of Rs. 11.8 and intraday low of 11.11. The net turnover during the day was Rs. 947874.

Source : Equity Bulls

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