Alliance Integrated Metaliks receives work order from Patel Infra; Stock gains 2%

20 May 2022 , 01:54 PM

Alliance Integrated Metaliks Limited has received a work order from Patel Infra Ltd for the project named as “Delhi – Mumbai Expressway” for the location Vadodara, Gujarat.

As per the regulatory filing, the Project envisages to construct Eight Lane access controlled expressway from a junction near Baletiya village of Panchmahal District to a junction near Pratap Nagar Village of Vadodara District. This Project comes under Bharatmala Pariyojana in the State of Gujarat. The Company scope of work includes Fabrication, Metalizing, Painting, transportation and launching of Steel Truss & Plate Girders, said company.

Further, this order has reinforced the credentials of the Company as a leading player in the Fabrication and Erection segment, it added.

At around 1:57 PM, Alliance Integrated Metaliks was trading at Rs32.35 apiece up by Rs0.7 or 2.21% from its previous closing of Rs31.65 apiece on the BSE.