iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Madhav Infra Projects Secures Rs 37 Crore Work Order, Stock Gains 8%

21 Jun 2023 , 11:40 AM

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

  • Company
  • Madhav Infra
  • news
  • stocks in news
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

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)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.