PSL bags Rs 280 cr order from Gujarat Water Infra

NEW DELHI: Steel pipes manufacturer PSL today said it has won Rs 280 crore order for supplying coated pipes for Gujarat Water Infrastructure Ltd.

"The company has recently received an order valuing over Rs 280 crore from Pratibha Industries for supply of coated pipes for Gujarat Water Industries Ltd's NC 30 project," the company said in a filing to Bombay Stock Exchange.

The order, it said, "comprises work of manufacture and supply of coated steel pipes as required for the NC 30 project."

The shares of the company closed at Rs 60.45 a scrip on BSE, up 11.63 per cent from the previous close.