Era Infra Bags Rs 12.21 Bn Contracts

Era Infra Engineering Ltd, a flagship company of Era Group, has bagged deals cumulatively valued at Rs 12.21 billion that consists of deals for SAIL Bokaro Steel Plant, Delhi Metro, DSIDC and National Highway Project.

Besides, the company will also provide its services for the modernization of Pune airport, construction of CBI headquarters and residential project from Central Park Estate.

Era Infra operates as an integrated infrastructure construction company in India. It develops and constructs highways, railways, airports, power and industrial projects, institutions and universities, residential and commercial complexes.

On March 30, the company pocketed an order worth Rs 20 crore for supply of Ready Mix Concrete (RMC) for common wealth games village, New Delhi, and on 28 March, company has bagged a contract worth Rs 78 crore in a joint venture with KMB of Ukraine from the Airports Authority of India (AAI).

At 1:42 pm, the shares of the company were trading at Rs 574, down 1.6%, on the Bombay Stock Exchange (BSE).

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