Sunil Hitech Bags New Order Stock Soars By 8%

Sunil Hitech Engineers Limited has bagged a road project worth Rs 982 cr in Maharashtra on a hybrid annuity mode from the National Highways Authority of India (NHAI). This new order in the State of Maharashtra is the first hybrid annuity project for the company. The project involves construction and widening of the existing 2-lane Bodhre to Dhule road section of NH-211 to four/six lane configuration.

The project includes 67.2 km road construction with two new ROBs, six underpasses, four major and 26 minor bridges and two new bypasses. The execution of the project is likely to start in next three to five months. The project is likely to get completed in 30 months from its start.

The Company also has projects worth Rs 2000 cr in pipeline. Sunil Hitech Engineers Limited is a well-established player in EPC and construction of road & bridges, building works of institutions, hospitals and housing projects, cross country pipeline, civil & mechanical works of power and steel plants, cooling towers, chimneys.

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About Suhani Varma

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