Madhav Infra Projects Ltd receives LOA for order

MADHAV INFRA PROJECTS LIMITED received of Letter of acceptance for Earthwork in a bank, cutting in all kinds of soil I soft rock I hard rock and blanketing for formation, Yards, trolley refugees & bridge approaches, etc. and construction of Minor Bridges, RUBs, Side drains, Toe Walls, Retaining Walls and protection works, etc. from Km 891000 to 1011280 between Dekakund to Tanda Road stations of Alirajpur - Tanda road section in connection with Construction of New BG line between Chhotaudepur Dhar, from WESTERN RAILWAY through Dy. Chief Engineer (Construction) Ill, Vadodara ("the Authority"). The total cost of the work at the accepted rate works out to Rs. 91,07,14,176.07 (Rupees Ninety One Crore Seven Lakh Fourteen Thousand One Hundred and Seventy Six Rupees and Seven Paise Only).

Shares of Madhav Infra Projects Ltd was last trading in BSE at Rs. 3.98 as compared to the previous close of Rs. 3.92. The total number of shares traded during the day was 65727 in over 169 trades.

The stock hit an intraday high of Rs. 4.04 and intraday low of 3.91. The net turnover during the day was Rs. 260316.00.

Source : Equity Bulls

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