Markolines Pavement Technologies Ltd's associate company wins order of Rs. 225.17 crore

Markolines Pavement Technologies Limited's Associate Company "UNIQUEUHPC MARKOLINES LLP" has received a Letter of Award ('LoA') which is worth Rs. 225.17 crore (excluding GST), from an Indian Company, TPL- CAI JV for the Construction of a 24% of the Four Lanning Part of Ramban to Banihal Section of NH-1A (Now NH44), from Ch. 154+210 to Ch. 158+675 (North Bound) & from Ch. 155+940 to Ch. 160+282 (South Bound) including Construction of the Twin Tube Tunnel (Package 1) in Union Territory of Jammu & Kashmir, India on EPC mode from Banihal End (Digdol End). The duration of this work is 30 months.

Markolines Pavement Technologies Limited holds 50% equity of the UniqueUHPC Markolines LLP.

Shares of Markolines Traffic Controls Limited was last trading in BSE at Rs. 139.65 as compared to the previous close of Rs. 141.50. The total number of shares traded during the day was 14800 in over 14 trades.

The stock hit an intraday high of Rs. 146.85 and intraday low of 139.00. The net turnover during the day was Rs. 2096697.00.

Source : Equity Bulls

Keywords

MarkolinesTrafficControls CivilConstruction INE0FW001016 OrderWin