Gayatri Projects has received a letter of award from the Ministry of Road Transport and Highways for part construction of six lane elevated corridor in the state of Telangana. This project is in JV with OJSC "SIBMOST", i.e Gayatri - OJSC "SIBMOST" (JV).

The order is for construction of Six Lane Elevated Corridor from Km 7.950 to Km 14.200 of NH-163 to de-congest the urban limits of Hyderabad-Bhopalpatnam Section on EPC basis contract in the State of Telangana INR 4.25 billion (Four Hundred and Twenty Five Crores) 6.25 KM Road EPC.

Shares of the company gained Rs 0.9, or 0.48%, to settle at Rs 190.20. The total volume of shares traded was 20,890 at the BSE (Thursday).