Engineering and construction firm Jaihind Projects Ltd announced that it has bagged an order valued at Rs 2,065.3 million from Gujarat State Petroleum for installation and construction services.

In a declaration, the company said that the scope of the order involves installation and construction services, supply of goods within India and compulsory spares supply within the country for Morbi Mundra Pipeline Project.

Ahmedabad-based Jaihind Projects Ltd is a worldwide engineering construction projects company, which is involved in the construction of onshore and horizontal directional drilling pipelines; urban infrastructure development projects like construction of water systems, gas distribution projects and other environmental projects; corrosion protection services; and engineering and turnkey projects.

Shares of the company declined 5.0% to close the day at Rs 129.65 on the Bombay Stock Exchange (BSE).