PBA Infrastructure, a leading construction conglomerate, has announced that the joint venture of the company PBA-Consite has bagged two construction orders worth Rs 450 million from Mumbai Metropolitan Region Development Authority (MMRDA).

According to the sources, the first order has been secured for construction of skywalk at Ulhasnagar (East), while the second is for construction of skywalk at Ulhasnagar (West) from MMRDA.

Ulhasnagar is a town in Maharashtra State, India which is approximately 60 Kms from the city of Mumbai

According to the reports, of the total orders, the company`s share is Rs 270 million, which is approximately 60 percent.

Stock of PBA Infrastructure ended the day at Rs 29, down 2.61 percent on National Stock Exchange (NSE). The total volume of shares traded was 9,438 at the NSE.