Sadbhav Engineering has inked EPC agreement with Sadbhav Bangalore Highway (a step down subsidiary) worth Rs 855 crore for maintenance and repair work during the development period and construction period for 170.92 kms of BRT Tiger Reserve Boundary to Bangalore section of NH-209.
Total volume of shares traded on the bourses today was lower by 84.57% to 50,732 compared with 22-day average volume of 328,748.
Sadbhav Engineering is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.
Shares of the company gained Rs 2.95, or 0.97%, to trade at Rs 305.55. The total volume of shares traded was 3,553 at the BSE (1.21 p.m., Thursday).