Comments
The shares of Udayshivakumar Infra Limited (USK) were trading at ₹62.58, up by ₹2.98 or 5 per cent on the NSE today at 12.05 pm. This follows their announcement of winning ₹29.53 crore contract for highway maintenance in Karnataka yesterday. The Performance Based Maintenance Contract (PBMC) covers a 51.673 km stretch of National Highway 52, from 4.627 to 56.30, for 2023-24 in the Vijayapura Division.
The Davangere-based infrastructure company has received a Letter of Acceptance (LOA) for the project from the National Highways, Karnataka. This development marks a significant addition to USK’s project portfolio.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.