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MEP Infrastructure surges on the bourses

MEP Infrastructure Developers Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 539126 | NSE: MEP

01 Jan 2019 Evaluate

MEP Infrastructure Developers is currently trading at Rs. 46.95, up by 1.40 points or 3.07% from its previous closing of Rs. 45.55 on the BSE.

The scrip opened at Rs. 45.30 and has touched a high and low of Rs. 47.20 and Rs. 45.05 respectively. So far 28514 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 105.65 on 03-Jan-2018 and a 52 week low of Rs. 37.20 on 29-Nov-2018.

Last one week high and low of the scrip stood at Rs. 48.30 and Rs. 43.60 respectively. The current market cap of the company is Rs. 861.28 crore.

The promoters holding in the company stood at 63.74%, while Institutions and Non-Institutions held 16.86% and 19.40% respectively.

MEP Infrastructure Developers’ Subsidiary Company--MEP Longjian VTR has achieved financial closure as per the Concession Agreement executed with the National Highways Authority of India (NHAI) dated July 04, 2018 for the project of Construction of Eight Laning of existing Four Lane Vadape to Thane from km. 539.202 to km. 563.000 Section of NH-3 (new NH-848) in the State of Maharashtra to be executed on Hybrid Annuity Mode by tying up of Project finance of Rs 567.78 crore.

The Bid project cost is Rs 1182.87 crore out of which Project finance will contribute Rs 567.78 crore and remaining contribution will be funded by grant of Rs 473.15 crore from NHAI and Equity Contribution of Rs 141.94 crore of the Subsidiary Company.

MEP Infrastructure Developers is engaged in tolling operations of the road infrastructure sector, with a pan-India presence. MEP Infra is in the business of pure toll collection projects as well as OMT projects, which involve maintenance obligations in addition to toll collection on operational roads (including highways) constructed by third parties.

MEP Infrastructure Share Price

0.92 0.01 (1.10%)

17-Apr-2026 16:59 View Price Chart

Peers

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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MEP Infrastructure surges on the bourses

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