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MEP Infrastructure surges on the bourses

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

11 Mar 2019 Evaluate

MEP Infrastructure Developers is currently trading at Rs. 42.85, up by 1.15 points or 2.76% from its previous closing of Rs. 41.70 on the BSE.

The scrip opened at Rs. 41.75 and has touched a high and low of Rs. 43.05 and Rs. 41.75 respectively. So far 61420 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.15 on 01-Jun-2018 and a 52 week low of Rs. 35.50 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 44.70 and Rs. 38.40 respectively. The current market cap of the company is Rs. 768.64 crore.

The promoters holding in the company stood at 65.05%, while Institutions and Non-Institutions held 16.63% and 18.32% respectively.

MEP Infrastructure Developers’ Special Purpose Vehicles (SPVs) -- MEP Longjian ACR, MEP Longjian CLR and MEP Longjian Loha Waranga Road have achieved the Financial Closure as per the Concession Agreement executed with the National Highways Authority of India (NHAI) dated July 4, 2018.

MEP Longjian ACR has achieved the Financial Closure for the project of Four Laning of Ausa-Chakur Section of NH361 from km. 55.835 to km. 114.345 (Design length 58.51 km.) under NH (0) in the State of Maharashtra on Hybrid Annuity Mode. Besides, MEP Longjian CLR has achieved the Financial Closure for the project of Four Laning of Chakur – Loha Section of NH-361 from km. 114.600 to km. 187.800 (Design length 73.345 km.) under NH (0) in the State of Maharashtra on Hybrid Annuity Mode.

Also, MEP Longjian Loha Waranga Road has achieved the Financial Closure for the project of Four Laning of Loha - Waranga Section of NH-361 from km. 187.800 to km. 244.369 (Design length 56.569 km.) under NH (0) in the State of Maharashtra on Hybrid Annuity Mode. The construction period of the said projects are 2 years from the Appointed Date.

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

0.90 0.01 (1.12%)

15-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4075.85
Rail Vikas Nigam	287.15
NCC	155.45
KEC International	565.60
Kalpataru Projects	1211.70
View more..

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MEP Infrastructure surges on the bourses

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