Madhav Infra Projects witnessed an 8% surge in its shares during early trade on June 21 after being awarded a work order worth Rs 37 crore.
The company receives a letter of acceptance from the Office of The Executive Engineer Public Work, Department Bridge Construction Division SAGAR (MP) for the construction of a railway overbridge over the Bina-Katni track on Damoh-Badakpur Road in Damoh district, Madhya Pradesh.
As per data, the total cost of the project, based on the accepted rate, amounts to Rs 37,07,34,207.90. In the early trade, Madhav Infra Projects was trading at Rs 6.32, up by Rs 0.32 or 5.33%, on the BSE.
The stock’s 52-week high and low stand at Rs 6.83 (achieved on December 9, 2022) and Rs 3.55 (recorded on May 16, 2023), respectively.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.