Monarch Surveyors surges on securing LoA from Maharashtra Maritime Board
Monarch Surveyors and Engineering Consultants is currently trading at Rs. 229.00, up by 3.85 points or 1.71% from its previous closing of Rs. 225.15 on the BSE.
The scrip opened at Rs. 229.95 and has touched a high and low of Rs. 235.80 and Rs. 228.50 respectively. So far 37800 shares were traded on the counter.
The BSE group 'MT' 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. 235.80 and Rs. 210.05 respectively. The current market cap of the company is Rs. 324.17 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 an LoA from Maharashtra Maritime Board for designing groynes style dyke, jetty and approach road construction for Akshi Sakhar in Alibaug Taluka, Raigad, Maharashtra. The total order value of the project is Rs 1.23 crore.
Earlier, the company had received Letter of Acceptance from Southern Railway for providing project management services for Pre & Post Tamping Track Measurements using Portable Track Geometry Measurement Trolley System (Gedo Survey) for Design Mode Tamping on all lines in MSB-VM Section.
