Gayatri Projects has bagged a Rs 306-crore order from the Centre for four-laning of a highway on the Andhra Pradesh-Tamil Nadu border.

“Gayatri Projects has secured a Rs 306-crore contract for the four-laning of a highway on the Andhra Pradesh-Tamil Nadu border from the Ministry of Road Transport and Highways,” Gayatri Projects said in a BSE filing today.

Giving details, the company said the project is for rehabilitation and upgradation of NH-4 from km 133.36 to km 179.59 (Andhra Pradesh-Tamil Nadu border to Nalagampalli Village) to four-lane with paved shoulder in Andhra Pradesh on engineering, procurement and construction (EPC) basis.

Shares of Gayatri Projects were trading 3.49 per cent up at Rs 644 apiece on the BSE.

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