India, June 11 -- An NSE-listed construction and infrastructure company came into focus after disclosing a joint venture's receipt of a Letter of Award from the Aligarh Development Authority under SEBI Regulation 30. The award covers development of approximately 25,091 square metres of prime ADA-owned land in Uttar Pradesh through a revenue-sharing joint development agreement, with an 8-year concession period.

With a market capitalization of Rs. 285.70 crore, the shares of Univastu India Ltd were trading at Rs. 79.39 per share, up 1.38 percent from its previous closing price of Rs. 78.31 apiece. It is trading at a P/E of 11.10.

Work Order Update A joint venture between Bootes Infrastructure Limited, holding a 51 percent share, and Univa...