Patel Engineering bags order worth Rs 160.69 crore

by khalid on 22/03/2011 · 0 comments

Mumbai based Patel Engineering Limited has informed the share market (BSE/NSE) that they have bagged an order worth Rs 160.69 crore. The order is from the Government of Karnataka, Karnataka State Highways Improvement Project (Public Works, Ports & Inland Water Transport Department) for 73.80 km Tinthini Kalmala Road upgradation project.

The project involves upgradation of 73.8 km long stretch from Tinthini to Kalmala, a part of State Highway 61 and State Highway 15 and is expected to be completed within two and a half years. Patel Engineering Ltd. is an infrastructure company with operation in civil construction. The Company’s projects include heavy construction, earth and rock excavations, housing complexes, building projects, dams, tunnels, bridges, refineries, factories, steel projects, thermal and hydro power house, pre-stressed and pre-cast concrete, marine works and public health works.

Share’s Data :-
BSE Code : 531120
Mkt. Cap: Rs 970.57 Crores
Patel Engineering Ltd. share’s CMP is Rs 139.05 on 22nd Mar 2011.

Stay tuned to BelltheBull Blog for more news on Patel Engineering Limited !

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