NHAI order to boost Gammon India

Gammon India, in a post-market-hours disclosure to the exchanges, said it has secured a ₹1,709.99-crore order from the National Highways Authority of India. The engineering, procurement & construction (EPC) contract involves four-laning of the Udhampur-Ramban section of NH-1A in Jammu & Kashmir. Analysts will be tracking the development, as Gammon India recently bagged a contract worth ₹397 crore from NHAI in Goa.