In a latest development, Ahmedabad based Jaihind Projects Limited has secured 2 new contracts worth INR 245.65 crore.

Jaihind said that it received the first order worth INR 230.81 crore from Gujarat State Petronet Limited for EPC Project for Darod, Jafrabad Gas Pipeline Project Section A.

While, the second order, which is valued at INR 14.84 crore has bagged by the company from Gujarat State Petronet Limited for Laying of Olpad-Utran Gas Pipeline Project.

Jaihind Projects formerly known as Jaihind Welding Works provides engineering and construction services to oil and gas, steel, water supply and power industries in India. The scrip closed at INR 86, up by 5% compared to previous close of INR 82. The counter has made 52 week high and low of INR 128 and INR 32 respectively.

(Sourced from www.topnews.in)