Maytas Infra buzzing in today’s trade -9th Nov 09

2009 November 9
by Prakash

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Maytas Infra buzzing in today’s trade; up over 7%; company got Pune-Sholapur road contract worth Rs 790 Cr from ITNL

Maytas Infra is buzzing in today’s trade and the stock is up over 7%, with volume of over 5.5 lakh shares. On Friday, the stock closed up 4.98% or Rs 7.45 at Rs 156.90.

Maytas Infra has been awarded the Pune-sholapur road contract worth Rs 790 crore from IL&FS Transportation Networks Limited. ITNL was awarded the work of 4 laning of Pune-Sholapur section of NH-9 from km 144.40 to km 249 on a DBFOT (Design, Build, Finance, Operate & Transfer) basis by National Highway Authority of India (NHAI). The project is to be completed in a period of 20 months.

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