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Given 49% stake of PBA Infrastructure in the joint venture, the company's share of the contract works out to Rs 208.25 crore.
The company made the announcement after market hours on Wednesday, 1 June 2011.
Meanwhile, the BSE Sensex was down 96.91 points, or 0.52%, to 18,511.90.
On BSE, 80,007 shares were traded in the counter as against an average daily volume of 48,868 shares in the past one quarter.
The stock hit a high of Rs 70.40 and a low of Rs 62.75 so far during the day. The stock had hit a 52-week high of Rs 99.25 on 20 October 2010 and a 52-week low of Rs 50.75 on 10 February 2011.
The stock had underperformed the market over the past one month until 1 June 2011, sliding 14.02% compared with the Sensex's 2.75% fall. The scrip had, however, outperformed the market in past one quarter, gaining 11.28% as against 0.88% gain in the Sensex.
The small-cap construction company has an equity capital of Rs 13.50 crore. Face value per share is Rs 10.
PBA Infrastructure's net profit fell 8.5% to Rs 1.19 crore on 21.8% decline in net sales to Rs 74.16 crore in Q4 March 2011 over Q4 March 2010.
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