Shares of Akash Infra-Projects Ltd surged 3% on 26 September after the company announced securing an order worth Rs 43.44 crore. 

In its regulatory filing, the company said that they have secured an order from the Office of the Executive Engineer, Roads and Building Department, for a total consideration of Rs 43.44 crore for the widening, strengthening, and resurfacing of various roads on an annual rate basis. 

The scope of the order also includes the work to be undertaken as required or in emergency situations under the jurisdiction of the Road and Building Department, Mehsana. 

This order affirms the company’s expertise and its growing presence in the infrastructure development and road construction projects across Gujarat. 

Akash Infra-Projects Limited, based in Gujarat, develops infrastructure projects with a focus on road construction, widening, strengthening, and maintenance. The company has delivered multiple government and semi-government contracts, building a strong footprint in highways, bridges, and other civil engineering works.

At 3:30 pm, the shares of Akash Infra closed 2.31% higher at Rs 29.25 on NSE.

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