MBL Infrastructures is currently trading at Rs. 269.30, up by 0.70 points or 0.26% from its previous closing of Rs. 268.60 on the BSE.
The scrip opened at Rs. 272.00 and has touched a high and low of Rs. 273.00 and Rs. 265.90 respectively. So far 3214 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 329.50 on 12-Mar-2015 and a 52 week low of Rs. 130.00 on 05-Sep-2014.
Last one week high and low of the scrip stood at Rs. 285.00 and Rs. 260.00 respectively. The current market cap of the company is Rs. 1109.74 crore.
The promoters holding in the company stood at 46.66% while Institutions and Non-Institutions held 39.44% and 13.90% respectively.
MBL Infrastructures' - wholly owned subsidiary - MBL (MP) Toll Road Company (MBLTRCL), has commenced commercial operations of its toll road project of Waraseoni - Lalbarra section from SH-54 junction at Km 0/10 to 19/43 at SH-26 Junction in the state of Madhya Pradesh, on design, built, finance, operate and transfer (DBFOT) toll plus annuity basis.
MBLTRCL will have the benefit of toll collection as well as receipt of semi annuity of Rs 3.26 crore over the Concession Period of 15 years (including construction period). The BOT project of 114 km long Seoni - Balaghat - Gondia State Highway, in the state of Madhya Pradesh is already operational since February, 2008 implemented through AAP Infrastructure, a wholly owned subsidiary of MBL.
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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