Pratibha Industries secures contract

Pratibha Industries Ltd has informed that the Company has secured a contract for 'Replacement of Rising Mains and Laying of New Rising Mains and Gravity Mains in Jammu City' from Jammu & Kashmir Economic Reconstruction Agency. The total value of the contract is Rs 49.49 crores.

The project involves 'replacement of worn out rising mains and laying of new rising mains and gravity mains in various parts of Jammu City (Strengthening of existing system of Phase II)'. The project is to be executed in 18 months.

The Company is engaged in infrastructure business and manufacture of SAW pipes. As the Company moves ahead, the Company has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.