Tuesday, February 10, 2009

Nagarjuna Construction

Shares of Nagarjuna Construction surged by over 8% to Rs50.6 after the company announced that it has secured four new orders aggregating Rs7.12bn. The first order valued at Rs3.6bn is secured from the Singareni Collieries Company Ltd., Khammanm, Andhra Pradesh for Blast Hole Drilling, Controlled Blasting and other works to be completed over a period of 72 months.
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