Markolines Pavement Technologies gains on bagging multiple work orders worth Rs 439.75 crore
Markolines Pavement Technologies is currently trading at Rs. 161.50, up by 2.15 points or 1.35% from its previous closing of Rs. 159.35 on the BSE.
The scrip opened at Rs. 159.40 and has touched a high and low of Rs. 164.70 and Rs. 159.15 respectively. So far 91426 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 187.55 on 14-Oct-2025 and a 52 week low of Rs. 107.00 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs. 165.70 and Rs. 158.20 respectively. The current market cap of the company is Rs. 357.97 crore.
The promoters holding in the company stood at 55.00%, while Institutions and Non-Institutions held 0.29% and 44.70% respectively.
Markolines Pavement Technologies has received multiple work orders from various clients with a cumulative value of Rs 439.75 crore (inclusive of GST). Out of the total, the company has secured contracts worth Rs 75.28 crore from Varanasi Aurangabad NH-2 Tollway for providing and laying Dense Bituminous Macadam (DBM) and Bituminous Concrete (BC), which is scheduled to be completed on or before May, 2026. It also received order worth Rs 43.47 crore from Varanasi Aurangabad NH-2 Tollway for miscellaneous works at staggered locations in the BR3 Section in Bihar, Km 938 to Km 978 at NH-2, to be executed within 90 days from the date of the order.
Additionally, the company has won a Rs 21.76 crore contract from Bharat Vanijya Eastern for providing and laying of DBM and BC on the project of four laning of Arrah to Pararia Section of NH 319 (Old NH 30) from km 0 to km 54+530 in the State of Bihar under Bharatmala Pariyojana Phase I on EPC Mode. This work is expected to be completed within three months including the mobilization period.
The company has also received an order worth Rs 4.85 crore from Delhi Hapur Meerut Expressway for pavement works at DHMEPL under periodic maintenance, to be executed on or before March 2026. Further, the company has secured an order worth Rs 294.39 crore from the Indo British Group of Schools for the turnkey development of school infrastructure in Pune, Hyderabad, and Nashik. This project is to be executed within 12 months from the date of site handover/ commencement letter.
Markolines Pavement Technologies (Formerly known as Markolines Traffic Controls) is a Highway Operations & Maintenance (O&M) Service providing company.
