Markolines Pavement Technologies zooms on bagging work order worth Rs 47.98 crore
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Markolines Pavement Technologies is currently trading at Rs. 118.00, up by 5.15 points or 4.56% from its previous closing of Rs. 112.85 on the BSE.
The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 125.00 and Rs. 110.50 respectively. So far 60800 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 207.00 on 07-Nov-2022 and a 52 week low of Rs. 95.25 on 18-Jul-2022.
Last one week high and low of the scrip stood at Rs. 125.00 and Rs. 110.50 respectively. The current market cap of the company is Rs. 240.58 crore.
The promoters holding in the company stood at 72.18%, while Non-Institutions held 27.82% stake in the company.
Markolines Pavement Technologies has received a work order worth Rs 47.98 core (excluding GST), from M/S Western Andhra Tollway (a Domestic Corporation) located at Mahabubnagar, Telangana, India, for the work of Major Maintenance overlay works at Western Andhra Tollway, which shall be completed within 10 months.
Markolines Pavement Technologies (Formerly known as Markolines Traffic Controls) is a Highway Operations & Maintenance (O&M) Service providing company.
