According to recent reports, PBA Infrastructure Ltd has pocketed order from GVK Deoli Kota Expressway (P).

The order valued at Rs 2.52 billion is related to civil construction works for project 3: Bundi - Kota Section of NH -12 from 42.300 km to 83.042 km at Junction of NH - 76 on Kota Bypass in the state of Rajasthan, which comprises project facilities, all responsibilities plus incidental works consisting highway electrical works related to the project.

The scope of the deal comprises designing, engineering, fabrication, growth, finance, operation as well as preservation of the project in the Rajasthan on built, operate and transfer (Tall) basis on DBFOT pattern under NHDP Phase III.

On Sep 21, the company received orders worth Rs 1.78 billion from different agencies.

PBA Infrastructure is involved in execution of infrastructure growth project via fixed price deals.

At 02:33 p. m., the stock of the company surged 7.8% to trade at Rs 88.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 107 and a low of Rs 61.50 on BSE.