MoneyWorks4Me

Kridhan Infra’s associate company bags new project worth Rs 222.60 crore

18 Jul 2018 Evaluate

Kridhan Infra’s (KIL) associate Company -- Vijay Nirman (VNC) has been awarded a new project worth Rs 222.60 crore for rehabilitation and up-gradation of the NH 167 in a joint venture in which it holds 51%.

KIL currently owns approximately 41% stake in VNC and hence, VNC operates as an associate company of KIL.

Kridhan Infra is an ISO 9001:2008 certified infrastructure solutions company. Established in 2006 with headquarters in Mumbai, Kridhan Infra is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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