Markolines Pavement Technologies jumps on getting LoA from Sports Authority of Andhra Pradesh
Markolines Pavement Technologies is currently trading at Rs. 154.70, up by 3.90 points or 2.59% from its previous closing of Rs. 150.80 on the BSE.
The scrip opened at Rs. 153.00 and has touched a high and low of Rs. 155.75 and Rs. 151.70 respectively. So far 32366 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. 120.25 on 28-Jul-2025.
Last one week high and low of the scrip stood at Rs. 158.00 and Rs. 149.35 respectively. The current market cap of the company is Rs. 343.49 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 accepted the Letter of Acceptance (LoA) for multiple work orders from Sports Authority of Andhra Pradesh, I.G.M.C. Stadium, Vijaywada, amounting to Rs 29.37 crore for Development and Upgradation of Indira Gandhi Municipal Corporation Stadium in Vijaywada, Andhra Pradesh and Construction of Indoor Hall at Pathrunivalasa, District Srikakulam, Vijaywada, Andhra Pradesh. The orders timeline consists of a 9-month execution period followed by a 24-month Defect Liability Period (DLP) and a 1-month grace period.
