PBA Infrastructure Ltd (PBA) has informed that company’s Joint Venture christened "PBA-CONSITE" has received two orders worth Rs 44.99 crore from Mumbai Metropolitan Region Development Authority.

Further PBA Infra stated that it has 60% share in these two awarded contract. 

The JV has secured first contract worth Rs 15.81 crore for construction of skywalk at Ulhasnagar (East), in which PBA Infra has 60% share, valued at Rs 9.49 crore. 

While, the second contract worth Rs 29.17 crore has bagged for construction of Skywalk at Ulhasnagar (West). PBA Infra 60% share valued at Rs 17.50 crore.

The scrip of the company slipped 3 per cent to Rs 30 at the close of Thursday's trading with over 4,984 shares changing hands on the NSE.