Gayatri Projects shares gained on Friday after its joint venture with SPL Infrastructure has bagged new order from NHAI worth Rs 1.59 billion.

The order is for improvement & augmentation of Thanjavur-Pudukottai section 2 laning with Paved shoulders of NH-226 in the state of Tamil Nadu under NHDP-IV on EPC mode.

Shares of the company are trading at Rs 166.25, up Rs 4.25, or 2.62% at the Bombay Stock Exchange (BSE) on Friday at 11:10 a.m.

The scrip has touched an intra-day high of Rs 173.40 and low of Rs 163. The total volume of shares traded at the BSE is 28,708.