SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Madhav Infra Projects touches roof on getting LoI worth Rs 329.73 crore from GIPCL

25 Apr 2024 Evaluate

Madhav Infra Projects is currently trading at upper limit of Rs. 9.75, up by 0.19 points or 1.99% from its previous closing of Rs. 9.56 on the BSE.

The scrip opened at Rs. 9.75 and has touched a high and low of Rs. 9.75 and Rs. 9.75 respectively. So far 27970 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 15.00 on 29-Jan-2024 and a 52 week low of Rs. 3.55 on 16-May-2023.

Last one week high and low of the scrip stood at Rs. 9.75  and Rs. 9.17 respectively. The current market cap of the company is Rs. 262.84 crore.

The promoters holding in the company stood at 68.81%, while Non-Institutions held 31.19% stake in the company.

Madhav Infra Projects has received Letter of Intent (LoI) worth Rs 329.73 crore from Gujarat Industries Power Company (GIPCL). The order is for Design, Engineering, Supply, Construction, Erection, Testing, Commissioning and 3 years of Operation and Maintenance of 75 MW (AC) solar Power Projects at Vastan near SLPP Tal-Mangrol Dist. Surat, Gujarat on Engineering, Procurement and Construction basis. The contract is to be executed in 330 days.

Madhav Infra Projects is engaged in development, construction as well as operation & maintenance of Infrastructure Projects.


Madhav Infra Project Share Price

9.59 0.35 (3.79%)
24-Apr-2026 11:11 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4003.70
Rail Vikas Nigam 302.45
NCC 161.70
KEC International 574.65
Kalpataru Projects 1247.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×