Gayatri Projects rose over 4.5% today morning to Rs.179.50 though volumes remained muted. The stock’s 52-week high and low is at Rs.227.50 and Rs.140.70 respectively.
The company has emerged as the lowest bidder for Development of Purvanchal Expressway Project (I) value at Rs.1483 crore and development of Purvanchal Expressway Project (II) valued at Rs.1276 crore
The first package includes the stretch from Chand Sarai (Lucknow) to Sansara (Barabanki).
The second package includes the road from Sansara to Jaraikala (Amethi).
The construction will be undertaken on an engineering, procurement, and construction basis.