GHV Infra Projects Ltd receives LOI for sub-contract worth Rs. 120 crores

GHV Infra Projects Limited ('the Company') (Formerly known as Sindu Valley Technologies Limited) has received a Letter of Intent (LOI) from GHV (India) Private Limited for Engineering and Construction of Integrated Redevelopment of Railway Station of South Eastern Railway, at Jharkhand.

The Sub-Contract is valued at approximately Rs. 120 crores and to be completed within period of 3(Three) Years from the commencement date as per the contract.

Shares of Sindu Valley Technologies Limited was last trading in BSE at Rs. 1368.10 as compared to the previous close of Rs. 1421.55. The total number of shares traded during the day was 10663 in over 585 trades.

The stock hit an intraday high of Rs. 1460.00 and intraday low of 1350.50. The net turnover during the day was Rs. 14561163.00.

Source : Equity Bulls

Keywords

GHVInfraProjects INE809Q01012 LOI OrderWin SubContract GHVIndia