Univastu India gains after JV bags 2.3-bln-rupee order

Univastu India

10/03/2026 08:46

** Shares of Univastu India UIVA.NS jump 6.2% to 65.70 rupees

** Construction co's joint venture with T & T Infra gets order worth 2.3 bln rupees ($25.1 mln)

** UIVA's share in JV is 35% and share in total contract value will be 804.9 mln rupees

** Trading vols 1.4x the 30-day average at 128,583 shares so far

** UIVA down ~5% YTD

($1 = 91.7990 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))