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19 April, 2024 09:51 IST
Kridhan Infra bags orders worth Rs 1.5 bn
Source: IRIS | 29 Oct, 2014, 04.14PM
Rating: NAN / 5 stars.
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Kridhan Infra (formerly known as Readymade Steel India), a specialist in pile foundations, has bagged orders worth Rs 1.5 billion. With this order company’s current order book stands at Rs 5 billion.

Announcing the new business orders, Anil Agrawal, managing director of Kridhan Infra said, "We are overwhelmed on the beginning of the third quarter of FY 2014-15. Undeniably, these projects offer us a great opportunity to showcase our skills in operations and quality. Supported with planning and a highly professional workforce, we are confident of executing this fast-track project in the given timeframe. This symbolizes the commitment and ability of Kridhan Infra to live up to its responsibility towards client satisfaction by executing qualitative projects for them across the length and breadth of the country."

With this, Kridhan, which bagged these contracts through its subsidiary KH Foges Singapore, has now set its strong foothold across all sections of infra projects from high end infrastructure to residential projects and commercial projects.

Shares of the company declined Rs 1.6, or 2.34%, to settle at Rs 66.70. The total volume of shares traded was 85,967 at the BSE (Wednesday).

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