Unity Infraprojects Pockets 2 Orders Worth Rs 2.218 Bln

Unity Infraprojects has announced that the company has received two Unity Infraprojects Ltd.orders aggregating to Rs 2.218 billion.

The company pocketed an order worth Rs 133.59 crore from Pune-based Vamona Developers. The order is likely to be completed with a period of 18 months.
The scope of the deal involves civil construction work of a mall and hotel at Viman Nagar, Pune.

The other order from Kondapur Tower is valued at Rs 88.26 crore excluding VAT and service tax to be completed within 18 months.

The other deal received from Kondapur Tower involves construction of five towers at Kondapur and Hyderabad. The deal, valued at Rs 88.26 crore excluding VAT and service tax, is expected to be completed within 18 months.

The company is one of India’s major engineering and construction companies. It offers EPC services for civil projects that comprise mass housing projects and townships, industrial structures, commercial and residential buildings, airports and railway stations, information technology parksstadiums and sports complexes, hotels, hospitals, universities and educational campuses.

At 1:30 pm, shares of the company gained 2.3% to trade at Rs 584 on the Bombay Stock Exchange (BSE).