Gayatri Projects Ltd receives 4 LoAs for Namami Gange, Rural Water Supply project

Gayatri Projects Limited ("GPL") has received four (4) Letter of Awards (LoAs) for Pipe Drinking Water Schemes from Namami Gange and Rural Water Supply Department in the State of Uttar Pradesh, in joint venture where the company's share is 97.5%, for a total value of INR 1,748,00 Crores (One Thousand Seven Hundred and Forty Eight crores). All the above LoAs pertain to water division.

The above LOAs supersede the earlier 3 (three) LoAs awarded to the Company of value INR 1,332.00 crores which was announced earlier.

Shares of GAYATRI PROJECTS LTD. was last trading in BSE at Rs.43.05 as compared to the previous close of Rs. 44.8. The total number of shares traded during the day was 47456 in over 253 trades.

The stock hit an intraday high of Rs. 47 and intraday low of 42.7. The net turnover during the day was Rs. 2072167.

Source : Equity Bulls

Keywords