Univastu India shares jump after 3.92 bln rupee metro contract win

Univastu India

16/01/2026 06:47

** Shares of Univastu India Ltd UIVA.NS rise as much as 18.5% to 74 rupees - highest since Dec. 2, last up 12.5%

** Construction co gets contract worth 3.92 billion rupees ($43.24 million) from Larsen and Toubro Ltd LART.NS related to Mumbai Metro Line

** Adds, project includes five years of comprehensive maintenance after two years of defect liability maintenance period

** UIVA fell 27.7% in 2025

($1 = 90.6610 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))