Sadbhav Infrastructure Project Ltd emerges L1 for new HAM project in Karnataka

Sadbhav Infrastructure Project Ltd has been declared 'L-1' Bidder by the National Highway Authority of India (NHAI) for new Hybrid Annuity Project in the State of Karnataka.

The project is for four laning of Tumkur - Shivamogga section from Km 121+900 (Banwara) to Km 170+415 (Bettadahalli) of NH-206 on Hybrid Annuity Mode (HAM) under NHDP Phase-IV in the state of Karnataka (Package - III).

The construction period is 730 days from appointed date and operation period is 15 years from CoD.

Shares of Sadbhav Infrastructure Project Ltd was last trading in BSE at Rs.131.3 as compared to the previous close of Rs. 132.8. The total number of shares traded during the day was 4721 in over 39 trades.

The stock hit an intraday high of Rs. 136.25 and intraday low of 131.3. The net turnover during the day was Rs. 634049.

Source : Equity Bulls

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