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Unity Infraprojects wins order worth Rs 375.25 crore

Sumeet Kak 28 October 2008

Unity Infraprojects wins order worth Rs 375.25 crore Unity Infraprojects has received an order worth Rs 375.25 crore from Pink City Expressway Pvt. Ltd.

The scope of work involves Widening and Up gradation of Existing 4-Lane Road to 6-Lane Road under Contract Package IV from Km 144+770 (Mardha Village) to Km 181+300 (Antela Village) in the state of Rajasthan.

The order is scheduled to be completed within 30 months.

The company's shares closed at 6% down at Rs 153 on BSE. The share price of the company had touched a high of Rs 1120 in December 2007. However, the market meltdown has seen the stock price falling to its 52-week low of Rs 150 a share.

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