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Univastu India bags work order worth Rs69.33 crore; stock jumps ~3.5%

27 Oct 2022 , 12:33 PM

Univastu India Limited informed that it received a work order on October 21, 2022, of Rs69.33 crore for the construction of Haryana International Habitat in Sector-1, Panchkula including civil, public health services, electrical installation fire-fighting arrangement, landscaping, boundary wall and all other works contingent thereto from Haryana Shehri Vikas Pradhikaran, Panchkula.

At the moment, Univastu's construction activity comprises civil and structural construction as well as infrastructure contracts that have been subcontracted to the company by principal contractors. Construction supplies are also traded by the firm. Steel cement and electrical material are among its key trade items.

At around 12.20 PM, Univastu India was trading at Rs73.70, up by 3.29% against previous close of Rs71.35 on NSE. The counter hit intraday high and low of Rs75 and Rs69.60 respectively.

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