Ahmedabad-based Sadbhav Engineering Ltd said, it won a contract worth Rs92.1 crore from Western Coal Fields Ltd, a subsidiary of Coal India Ltd.
The contract comprises two jobs, which involve evacuation of coal from quarry face and transportation to surface by hiring of equipment such HEMM, tippers, drills, dozers etc.
On Monday, Sadbhav Engineering’s shares ended 2.1% down at Rs1,240 on the Bombay Stock Exchange, while the benchmark Sensex closed 2% lower at 16,781 points.
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