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MEP Infrastructure Developers is currently trading at its upper limit of Rs. 29.50, up by 1.40 points or 4.98% from its previous closing of Rs. 28.10 on the BSE.

The scrip opened at Rs. 29.50 and has touched a high and low of Rs. 29.50 and Rs. 29.50 respectively. So far 441570 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.10 on 17-Jan-2022 and a 52 week low of Rs. 15.50 on 06-May-2021.

Last one week high and low of the scrip stood at Rs. 29.50 and Rs. 23.00 respectively. The current market cap of the company is Rs. 541.17 crore.

The promoters holding in the company stood at 58.16%, while Institutions and Non-Institutions held 10.01% and 31.83% respectively.

MEP Infrastructure Developers’ Step-down Subsidiary -- Bhalaji Toll Road (BTRPL) has received Letter of Award (LOA) from National Highways Authority of India (NHAI). BTRPL has been awarded 2 Projects i.e. Guabari Fee Plaza and Nalavadi Fee Plaza. For both the projects, period of contract is three months.

MEP Infrastructure Developers is engaged in tolling operations of the road infrastructure sector, with a pan-India presence. MEP Infra is in the business of pure toll collection projects as well as OMT projects, which involve maintenance obligations in addition to toll collection on operational roads (including highways) constructed by third parties.