Era Infra Engineering has bagged a contract valuing Rs 1.27 billion (approximately) from Mumbai Railways Vikas Corporation for 'Procurement of Trespassing Control measures including provision of Escalators' at Mumbai.
The provision includes - LOT-II for Thakurli and Kalyan Station in Mumbai valuing Rs 301 million (approx). The company has also been awarded LOT-III in JV with Saidutta for Kurla and Dadar Station in Mumbai valuing Rs 602 million (approx). And LOT-V, for Bhayander, Vasai Road & Nallasopara Station in Mumbai valuing Rs 374 million (approx).
Shares of the company gained Rs 0.63, or 4.97%, to settle at Rs 13.30. The total volume of shares traded was 107,505 at the BSE (Thursday).