Pratibha Industries today said that its water management and building verticals have received orders worth Rs 589.69 crore.
The biggest order, valued at Rs 224.80 crore, is from Gujarat Water Supply and Sewerage Board for the construction of underground drainage system in some areas of Rajkot.
“The contract is scheduled to be completed in 18 months,” Pratibha Industries said in a BSE filing.
The building division of the infrastructure developer has got three orders — one from Delhi and two from Karnataka.
The New Delhi order, valued at Rs 117.92 crore, is for the construction of a 200-bed hospital at Ambedkar Nagar from National Building Construction Corporation.
It has also got a Rs 171.43-crore order from Bhartiya City Developers for the construction of residential homes in Bangalore. The project would be completed in 28 months.
The second order is from R J Group for doing civil and structural works for a residential project. The job would be completed in 21 months.
Shares of the company were trading at Rs 30.65 apiece, up 13.10 per cent, during the afternoon trade on the BSE.
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