Financial Wire

Nacdac Infrastructure Wins Construction Contract Worth INR90 Million; Shares Jump 9%

Nacdac Infrastructure (BOM:544313) secured a contract worth 89.8 million Indian rupees from Bharat Electronics (NSE:BEL, BOM:500049), according to a Friday filing on BSE.The order is for construction of a test platform (Arudhara) and a ramp at BE-GAD, the filing said.Shares of the company jumped over 9% in recent trade.

-- Nacdac Infrastructure (BOM:544313) secured a contract worth 89.8 million Indian rupees from Bharat Electronics (NSE:BEL, BOM:500049), according to a Friday filing on BSE.

The order is for construction of a test platform (Arudhara) and a ramp at BE-GAD, the filing said.

Shares of the company jumped over 9% in recent trade.