Monarch Surveyors jumps on securing Rs 1.54 crore LoA from Western Railway
Monarch Surveyors and Engineering Consultants is currently trading at Rs. 254.00, up by 5.50 points or 2.21% from its previous closing of Rs. 248.50 on the BSE.
The scrip opened at Rs. 248.50 and has touched a high and low of Rs. 254.90 and Rs. 248.50 respectively. So far 4200 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 435.00 on 29-Jul-2025 and a 52 week low of Rs. 165.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 278.00 and Rs. 236.00 respectively. The current market cap of the company is Rs. 359.56 crore.
The promoters holding in the company stood at 72.35%, while Institutions and Non-Institutions held 6.32% and 21.33% respectively.
Monarch Surveyors and Engineering Consultants has received Letter of Acceptance (LoA) from Western Railway for Pre and post tamping track measurement survey using Trimble GEDO Vorsys trolley system under Sr. DEN/E/MMCT jurisdiction for Ukai Songhad - Jalgaon section. The total order value of the project is Rs 1.54 crore and the entire work shall be completed within 12 months from the date of issue of Letter of Acceptance.
Earlier, the company had received a rate contract for carrying out Final Location Survey (Geotechnical studies, Design, Preparation of drawings) and other preliminary activities and total order value of the project is Rs 130 crore.
