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India’s Brahmaputra Infrastructure Soars 11% after USD 22.2 Million Order Win

Shares of Brahmaputra Infrastructure Ltd, an Indian construction and engineering company, rose 11.31% on Monday. According to the company, this was due to the fact that the company received an order worth Rs 177 crore (USD 22.16 million).

The company reported that it had won an order for the upgradation of a railway station in Rajasthan. On Monday morning, shares of Brahmaputra Infrastructure were up 5.03% at 29.25 rupees.
Founded in 1987 by Suresh Kumar Prithani, Brahmaputra Infrastructure Ltd. is primarily engaged in construction. It builds roads, bridges, tunnels, shopping malls and another real estate across the country. For the quarter ending June 2022, the company reported net income from operations at Rs 41.53 crore.

Earlier in Dec 2021, the company had reported that it emerged as the lowest bidder for constructing a multistorey surgical block at the JLN Hospital campus in Ajmer, Rajasthan.

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