Nagarjuna Construction secures orders worth Rs791 crore
Moneylife Digital Team 10 June 2010

Hyderabad-based Nagarjuna Construction Company Ltd has secured orders aggregating to Rs791 crore.

The company has secured two orders worth Rs309 crore from the Ministry of Health & Family Welfare, New Delhi for construction of a medical college and hostel at All India Institute of Medical Sciences (AIIMS) at Patna to be completed over 18 months. The second order is secured from Khubchandani Hospitals Pvt Ltd, Mumbai for construction of hospital buildings at Mumbai worth Rs215 crore to be completed over 22 months.

The third order, valued at Rs125 crore, is secured from the Lucknow Development Authority for construction of Green Wood Apartment of Gomti Nagar at Lucknow to be completed over 24 months.

The fourth valued at Rs86 crore is secured from the Agricultural Produce Market Committee, Bangalore for construction of various buildings at Yeswanthapur, Bengaluru to be completed over 18 months. The fifth order, valued at Rs56 crore, is secured from the MRF Ltd, Chennai for construction of buildings at manufacturing plant at Perambalur, Tamil Nadu to be completed over nine months.

On Thursday, Nagarjuna Construction's shares ended 3.55% up at Rs187 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.59% up at 16,922 points.

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