Sadbhav Infrastructure Project has signed Maintenance contract with Sadbhav Vidarbha Highway (a wholly owned subsidiary of the Company) worth Rs 1.50 billion for maintenance and repairs works during the development period and construction period of -four laning of Waranga to Mahagaon section of NH-361 from km 253.000 to km 320.580 (Package-I) (Design Length 66.880 Km) in the state of Maharashtra under NHDP Phase- IV on Hybrid Annuity Mode.
The stock had outperformed the market over the past one month till Dec. 08, 2017, rising 8.90% compared with the Sensex's 0.09% rise. It outperformed the market in past one quarter, gaining 28.98% as against 4.93% rise in the Sensex.
Shares of the company gained Rs 1.35, or 0.94%, to trade at Rs 145.55 at the BSE (10.45 a.m., Monday).