Markolines Pavement Technologies trades jubilantly on securing work orders worth Rs 30.38 crore
Markolines Pavement Technologies is currently trading at Rs. 151.95, up by 22.85 points or 17.70% from its previous closing of Rs. 129.10 on the BSE.
The scrip opened at Rs. 129.00 and has touched a high and low of Rs. 154.70 and Rs. 126.95 respectively. So far 1195603 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 274.00 on 12-Aug-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. 154.70 and Rs. 120.25 respectively. The current market cap of the company is Rs. 339.21 crore.
The promoters holding in the company stood at 56.91%, while Institutions and Non-Institutions held 0.18% and 42.91% respectively.
Markolines Pavement Technologies has received work orders totalling around Rs 30.38 crore from various clients. The company has secured first order worth Rs 3.40 crore (Inclusive of GST) from Athaang Dichpally Tollway for rectification works of flexible pavement with micro-surfacing at the section of NH-44 from Armur to Adloor Yellareddy from km 313.507 to km 373.762 in Telangana. The order is to be executed within 3 months excluding monsoon period.
The company has secured orders totalling around Rs 14.29 crore (Inclusive of GST) from Pune Municipal Corporation for preventive maintenance and allied work for roads in Pune City Package 9 and 10. The orders are to be executed by May 2026. Also, the company has secured worth Rs 12.69 crore (Inclusive of GST) from NCC for piling works at 454 MLD Malad WwTF Project. The order is to be executed within 3 months excluding monsoon period. The total unexecuted order book of the company as on date is more than Rs 400 crore.
Markolines Pavement Technologies (Formerly known as Markolines Traffic Controls) is a Highway Operations & Maintenance (O&M) Service providing company.
