Supreme Infrastructure India, one of the leading infrastructure companies in India, has bagged six work orders worth Rs 5.05 billion.
The first project is for the construction of an Additional Office Complex for Supreme Court of India at New Delhi. The order received from Central Public Works Department (CPWD), the project is valued at Rs 2.67 billion.
The second order worth Rs 417 million is from Delhi Metro Rail Corporation. The company owns 49% stake in the project.
The third project is for the construction of multi-storeyed residential buildings (Falcon view- Phase I) in sector 66-A, Mohali. The project is valued at Rs 948.7 million.
The fourth order is for the construction of IT twin towers in Chandigarh which is valued at Rs 450 million. The both orders received from Janta Land Promoters.
The fifth project is valued at Rs 152.8 million from Northern Railway. The company has been declared L1 for the same.
The sixth order is from Addl. Project Director (Technical) SPMU, ICZM Project, and the project is valued at Rs 414 million.
Commenting on the occasion, Vikram Sharma, managing director, Supreme Infrastructure, (Q,N,C,F)* said, ''We are proud of bagging the six projects. These projects will allow us to display the quality of work we are renowned for. These orders will also help us grow as a national infrastructure player, providing unparalleled value to our investors.''
Shares of the company gained Rs 5.15, or 2.45%, to settle at Rs 215. The total volume of shares traded was 2,201 at the BSE (Tuesday).