NSE:WELENT

2 stories mentioning NSE:WELENTUpdated 51d ago

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H.G. Infra Engineering Clinches Order Worth INR39.3 Billion from Welspun Enterprises

H.G. Infra Engineering (NSE:HGINFRA, BOM:541019) has secured an order worth 39.3 billion Indian rupees from Welspun Enterprises (NSE:WELENT, BOM:532553), according to a Monday filing to the Indian stock exchanges.Shares of H.G. Infra Engineering were up nearly 2% in Tuesday's trade.The contract is for the construction of a six-lane highway corridor along with the improvement of the existing road in the Pune to Shirur section of National Highway-753F in Maharashtra, India.The project is expected to be completed in 36 months.

BOM:532553BOM:541019NSE:HGINFRANSE:WELENT

Asia63d ago

Welspun Enterprises Bags INR73 Billion Highway Development Project

Infrastructure developer Welspun Enterprises (NSE:WELENT, BOM:532553) has secured an order worth 73 billion Indian rupees from Maharashtra State Infrastructure Development Corporation, according to a Thursday filing to the Indian stock exchanges.The contract is for the construction of a six-lane partially elevated highway corridor along with the improvement of the existing road in the Pune to Shirur section of the national highway in the State of Maharashtra.The project has a sub-concession period of 29 years, including a construction period of four years.With this, the company's outstanding order book has increased to 187.6 billion rupees.The company's shares were down over 1% in recent trade.

BOM:532553NSE:WELENT

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