Unity Infraprojects bags two orders worth Rs 485-cr

Engineering and construction firm Unity Infraprojects today said it has bagged two orders worth Rs 485.42 crore from state-run firms HSCC (I) and Rites Ltd.

In a statement, the company said the Rs 414.15 crore order from HSCC (I) is for redevelopment of buildings, academic block and students hostel for Lady Hardinge Medical College and Associated Hospitals.

"The order is valued at Rs 414.15 crore and the project is to be completed within a period of 20 months," Unity Infra said.

The other order, worth Rs 71.27 crore, is from Rites Ltd for construction of auditorium at the city-based NASC Complex. This project would be executed within 18 months.

Unity Infraprojects's order book currently stands at Rs 4,421 crore. Shares of the company were trading at Rs 46.60 apiece on the BSE, up 4.95 per cent over the previous closing.

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