Praveg Communication spurts ~3% on bagging order for Site Development at Gandhinagar

15 Jun 2022 , 02:40 PM

Praveg Communication’s counter added nearly 3% in today’s trade as the company informed investors and exchanges of bagging a new order.

At around 2.35 PM, it was trading at Rs171.50, up by 3.06% against its previous close of Rs166.40 on BSE. It hit an intraday high of Rs172.50, and a low of Rs166.05 so far.

Praveg mentioned in its regulatory filing that it has received a Letter of Award (LoA) dated June 13, 2022.

The LoA was received from Tourism Corporation of Gujarat Limited (TCGL) for the Development of Site at Adalaj, Gandhinagar, Gujarat as a Themed Destination.