Nagarjuna wins Rs 481-crore orders

Nagarjuna Construction Limited, a Hyderabad-based infrastructure development company, has won two orders worth Rs 481 crore.

Out of the two new orders, the first order worth Rs 449 crore is from the water resources department of Bihar for the restoration of Eastern Gandak canal system, which is to be completed in 25 months.

The second order, worth Rs 32 crore, is from MRF limited, a Chennai-based tyre maker, for the manufacture of its desired radial tyre and easy tyre plants in Medak district of Andhra Pradesh.

A company official said in a filing to the BSE said that the order is to be finished within a period of six months.