Will Nila Infra build on new order flow?

Nila Infrastructures entered into a contract with the Urban Improvement Trust Bhilwara, Government of Rajasthan, for construction of EWS and LIG Flats at a value of ₹26.99 crore. The project, which is under the Chief Minister’s Jan Awas Yojana, 2015, will be undertaken on turnkey basis. The project, which commences on May 5, would be completed on May 4, 2020, the company said in a post-market-hours disclosure. Shares may react positively to the development.