Sadbhav Engineering, an engineering construction company, has been declared the successful bidder (LI) in respect of the bid invited by National Highways Authority of India, ministry of road transport and highways, for the two projects for continuous stretch of 86.36 km for aggregating value of Rs 9.04 billion.

The first project is for four-laning of UP/ Haryana border Yamunangar-Saha-Barwala Panchkula section of NH-73 from km 70.830 to km 115.400 in the state of Haryana on EPC mode (package - I) worth Rs 4.68 billion.

The second project is for four-laning of lining of UP/ Haryana border Yamunangar-Saha-Barwala Panchkula section of NH-73 from km 115.400 to km 157.192 in the state of Haryana on EPC mode (package - II) worth Rs 4.36 billion.

Shares of the company gained Rs 3.95, or 1.36%, to trade at Rs 295. The total volume of shares traded was 47,459 at the BSE (2.41 p.m., Tuesday).