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Hindustan Con sees order book of $4.3 bln by March'10

Sun Nov 8, 2009 12:52pm IST
 
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NEW DELHI, Nov 8 (Reuters) - Hindustan Construction Co (HCNS.BO: Quote, Profile, Research) expects its order book to rise by a quarter to about 200 billion rupees ($4.3 billion) for the year ended March 2010, Chairman Ajit Gulabchand told reporters on Sunday at the World Economic Forum.

Gulabchand said the company had orders worth 160 billion rupees for the year ended March 2009.

Contracts from the power and road sectors would drive the orderbook this year, he said. ($1=46.8 rupees) (Reporting by Devidutta Tripathy; Editing by Alistair Scrutton) (devidutta.tripathy@thomsonreuters.com; +91 98187 86430)

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