Brahmaputra Infraproject wins two orders worth Rs 433 crore; stock hits 52-week-high

Brahmaputra Infraproject wins two orders worth Rs 433 crore; stock hits 52-week-highBrahmaputra Infraproject Limited (BIPL) has informed that the company has secured two new orders worth Rs 433 crores from Jaiprakash Associates Limited for the construction of Yamuna Expressway connecting Greater Noida to Agra.

Under the agreement, BIPL will build approximately 59 kms of the Expressway and the work will comprise of construction of Earthen Embankment and Construction of Major Interchanges, Minor Bridges, Vehicular Underpasses and Cart Track Underpasses.

Ahead of positive announcement, the scrip of the company today settled the day at Rs 60, which is its 52-week-high.