Sadbhav Engg bags Rs 560 cr order from AUDA
Sadbhav Engineering Ltd has bagged an order worth Rs 560 crore from Ahmedabad Urban Development Authority (AUDA) for undertaking construction work for a road in the city.
The secured order, to be executed on BOT (build operate and transfer) basis, entails strengthening and widening to four lanes the Sardar Patel Ring Road around Ahmedabad, the company informed the Bombay Stock Exchange.
Shares of Sadbhav Engineering were trading at Rs 335.85, up 9.99 per cent on the BSE on Thursday.
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