MBL Infrastructures is currently trading at Rs. 223.70, up by 0.80 points or 0.36% from its previous closing of Rs. 222.90 on the BSE.
The scrip opened at Rs. 224.80 and has touched a high and low of Rs. 228.00 and Rs. 218.80 respectively. So far 27560 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. 196.00 on 27-Oct-2015.
Last one week high and low of the scrip stood at Rs. 236.00 and Rs. 218.00 respectively. The current market cap of the company is Rs. 928.17 crore.
The promoters holding in the company stood at 46.66% while Institutions and Non-Institutions held 39.84% and 13.50% respectively.
MBL Infrastructures (MBL) has bagged two projects aggregating to Rs 609.12 crore. The first project is for rehabilitation and upgradation of Goharganj to Bhopal Section of NH-12 from existing km. 255/300 to km 301/200 including construction of Obedullaganj bypass from existing km 278/450 of NH-12 to existing Km 3/600 of NH-69 in the State of Madhya Pradesh to four -lanes with payed shoulders under NHDP- III through Engineering Procurement & Construction (EPC) Basis Contract for the contract price of Rs 583.50 crore from Ministry of Road Transport & Highways. The project has been awarded to a consortium led by MBL Infrastructures and is to be executed over a period of 24 months from the appointed date.
The second project is for maintenance of Guwahati bypass on NH-37 (Km. 146.172 to 163.895) for the contract price of Rs 25.62 Crore from National Highway Authority of India (NHAI) in the State of Assam. The execution period of the project is 12 months.
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 |
| View more.. | |
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