Gayatri Projects bags contract worth INR 1339 crore

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Gayatri Projects Ltd has bagged a Rs. 1339.00 crore contract in joint Venture with M/s. Public Joint Stock Company ‘ Kyivmetrobud’ i.e Gayatri-KMB (JV), from National Highways Authority of India.

This project is to be executed under the EPC model, which is in line with the management’s decision to follow an asset-light model and reinforces Gayatri’s position as one of the leading highway builders in the country.

It is also the company’s first project in the state of J&K, and it now takes Gayatri’s presence to 15 States of India.

The stock was up 2% at Rs. 219.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com
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