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MBL Infra inches up on bagging order worth Rs 279.45 crore

28 Jan 2015 Evaluate

MBL Infrastructures is currently trading at Rs. 445.90, up by 1.50 points or 0.34 % from its previous closing of Rs. 444.40 on the BSE.

The scrip opened at Rs. 447.00 and has touched a high and low of Rs. 454.60 and Rs. 443.00 respectively. So far 6061 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 464.15 on 19-Jan-2015 and a 52 week low of Rs. 100.35 on 12-Feb-2014.

Last one week high and low of the scrip stood at Rs. 458.00 and Rs. 437.00 respectively. The current market cap of the company is Rs. 920.50 crore.

The promoters holding in the company stood at 46.66 % while Institutions and Non-Institutions held 35.29 % and 18.05 % respectively.

MBL Infrastructures led consortium has bagged order worth Rs 279.45 crore. The company has bagged order for Rehabilitation and upgradation of Pundibari to Baxirhat (WB/Assam Border) section of NH-31 from Km 770.00 to 816.00 of NH-31 in the state of West Bengal to two lanes with paved shoulders under NHDP-IV on EPC basis with a construction period of 2 years.

MBL Infrastructures is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients. 

Peers
Company Name CMP
Larsen & Toubro 3871.15
Kalpataru Projects 1437.90
NCC 137.25
Rail Vikas Nigam 207.25
KEC International 398.05
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