Markolines Pavement Technologies moves higher on securing LoA worth Rs 18.87 crore
Markolines Pavement Technologies is currently trading at Rs 167.20, up by 5.80 points or 3.59% from its previous closing of Rs 161.40 on the BSE.
The scrip opened at Rs 164.25 and has touched a high and low of Rs 173.00 and Rs 162.75 respectively. So far 273127 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52-week high of Rs 277.90 on 29-Jul-2024 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 173.00 and Rs 154.75 respectively. The current market cap of the company is Rs 366.71 crore.
The promoters holding in the company stood at 58.14%, while Institutions and Non-Institutions held 0.18% and 41.68% respectively.
Markolines Pavement Technologies has received letter of award (LoA) worth Rs 18.87 crore (Inclusive of GST) from Varanasi Aurangabad NH-2 Tollway. The LoA is for maintenance of service road with BC by execution of rehabilitation, overlay (BC) for periodic maintenance works at Varanasi Aurangabad NH2 Tollway from Km 786 to Km 843 in the state of Uttar Pradesh. The order is to be executed within 3 months excluding monsoon period.
Markolines Pavement Technologies (Formerly known as Markolines Traffic Controls) is a Highway Operations & Maintenance (O&M) Service providing company.
