Shares of Akash Infra-Tasks Ltd surged 3% on 26 September after the corporate introduced securing an order value Rs 43.44 crore.
In its regulatory submitting, the corporate stated that they’ve secured an order from the Workplace of the Govt Engineer, Roads and Constructing Division, for a complete consideration of Rs 43.44 crore for the widening, strengthening, and resurfacing of assorted roads on an annual charge foundation.
The scope of the order additionally contains the work to be undertaken as required or in emergency conditions underneath the jurisdiction of the Street and Constructing Division, Mehsana.
This order affirms the corporate’s experience and its rising presence within the infrastructure improvement and highway building tasks throughout Gujarat.
Akash Infra-Tasks Restricted, based mostly in Gujarat, develops infrastructure tasks with a deal with highway building, widening, strengthening, and upkeep. The corporate has delivered a number of authorities and semi-government contracts, constructing a robust footprint in highways, bridges, and different civil engineering works.
At 3:30 pm, the shares of Akash Infra closed 2.31% larger at Rs 29.25 on NSE.
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