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MBL Infrastructure is currently trading at Rs. 22.20, up by 1.35 points or 6.47% from its previous closing of Rs. 20.85 on the BSE.

The scrip opened at Rs. 22.80 and has touched a high and low of Rs. 22.80 and Rs. 20.65 respectively. So far 7206 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 43.65 on 20-Jan-2022 and a 52 week low of Rs. 16.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 22.80 and Rs. 19.35 respectively. The current market cap of the company is Rs. 233.08 crore.

The promoters holding in the company stood at 68.49%, while Non-Institutions held 31.51% stake in the company.

MBL Infrastructures’ wholly owned subsidiary -- Suratgarh Bikaner Toll Road has bagged order worth Rs 20.22 crore for the BOT project of Development & Operation of Bikaner-Suratgarh Section of NH-62 in the state of Rajasthan from Ministry of Road Transport and Highways, which will be executed by MBL Infrastructure on EPC basis.

The work is for construction of a new bridge across INGP main canal to be executed in a period of 12 months. The Company will start bidding for new projects immediately after working capital consortium documentation by banks in terms of Resolution Plan approved under IBC, 2016.

MBL Infrastructures is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients. MBL has a fast growing business that provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects.