MBL Infrastructures inches up on bagging multiple orders worth Rs 147.37 crore

23 Jan 2013

MBL Infrastructures is currently trading at Rs. 202.70, up by 0.15 points or 0.07% from its previous closing of Rs. 202.55 on the BSE.

The scrip opened at Rs. 204.40 and has touched a high and low of Rs. 207.90 and Rs. 202.00 respectively. So far 4203 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 212.50 on 21-Jan-2013 and a 52 week low of Rs. 142.00 on 29-Aug-2012.

Last one week high and low of the scrip stood at Rs. 212.50 and Rs. 183.15 respectively. The current market cap of the company is Rs. 355 crore.

The promoters holding in the company stood at 57.32% while Institutions and Non-Institutions held 14.50% and 28.18% respectively.

MBL Infrastructures has bagged multiple orders worth Rs 147.37 crore from existing clinets. The consortium led by MBL Infrastructures has been awarded the project for Civil Work for Construction of Depot cum workshop at Kalindi Kunj for Delhi MRTS Phase - III by Delhi Metro Rail Corporation for Rs 85.23 crore. The project for construction of Sarai Station on Badarpur - Faridabad corridor of Delhi MRTS Phase - III for DMRC is already under execution by the company for Rs 41.57 crore.

MBL has also been awarded the project for construction of four lane ROB on Rai Nahra Bahadurgarh Road in Sonepat District for Haryana PWD for Rs 43.26 crore with a construction period of 24 months. The company is also executing other projects of Railway over-bridges, Railway underpasses, their approaches, etc.

The project for construction of approaches of 2 lane ROB at Railway Level Crossing No 27-B on Delhi Ambala Railway Line Crossing, Sonepat Gohana Road in Sonepat District for Haryana PWD, is already under execution by the company for a contract value of Rs 22.66 crore.

MBL has also been awarded the project for construction of Police Station & Residences at Hari Nagar, New Delhi for RITES. The project is worth Rs 18.88 crore with a construction period of 14 months. The company is also executing projects for civil construction for various railway organizations like RITES, RVNL, etc. The project for construction of Police Line and Residential Quarters at Kondli Check Post, Delhi from RITES for Rs 40.60 crore is already under execution by the company.

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MBL Infrastructures Share Price

7.01 0.30 (4.47%) Sep 25, 18:02
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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