Valecha Engineering announced that the company has pocketed two orders worth Rs 160 crore for construction-related work in Delhi and Mumbai.

The source close to the company said that first contract of Rs 110 crore has been bagged for a bridge project in Delhi.

Further, the company secured another project worth Rs 50 crore to execute the sky-walk projects in Mumbai.

According to reports, the sky-walk is an elevated walk-way connecting the railway station and points where there are high concentrations of pedestrians.

Established in 1957, Valecha Engineering Ltd participates in the construction of major infrastructure projects and real estate development. It includes construction of roads, highways, bridges, tunnels, dams and canals.

Scrip of Valecha Engineering ended at Rs 39, down 4.84 percent on National Stock Exchange (NSE) .The total volume of shrtes traded at NSE was 24,067.