India's Udayshivakumar Infra hits upper circuit on multiple order wins

Udayshivakumar Infra

06/09/2024 08:16

** Shares of Udayshivakumar Infra  UDAS.NS  rise 5% to hit
upper circuit at 62.58 rupees
    ** Construction and engineering co on Thursday said it has
become lowest bidder no. 1 for projects worth 10.57 bln rupees
($125.9 mln) with JV partner KMC Construction
    ** Adds, co has won order worth 1.20 bln rupees with JV
partner Kevadiya Construction    
    ** Also, UDAS said it has secured another order worth 295.3
mln rupees
    ** Stock up 8.7% so far this week, on track to snap
four-week losing streak 
    ** Stock up 62.3% YTD




($1 = 83.9275 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))