The Monarch Surveyors and Engineering Consultants Ltd receives LoA for order worth Rs. 6.18 crore

The Monarch Surveyors and Engineering Consultants Limited is pleased to announce that it has recently received the Letter of Acceptance for Conducting Final Location Survey, Associated Geological Studies, Traffic Survey, Techno Economic Studies & Design of Railway alignment and Preparation of Detail Project Report (DPR) for Construction of Additional New BG Railway Line between Jammu Tawi (JAT) and Shri Mata Vaishno Devi Katra (SVDK) Railway stations of Jammu Division.

The total order value of the project is Rs. 6,18,96,221.98/- (Rupees Six Crore Eighteen Lakh Ninety - Six Thousand Two Hundred and Twenty-One Rupees and Ninety-Eight Paise Only)

This is a significant development, and it is expected to positively impact the business operations of the Company.

Shares of Monarch Surveyors and Engineering Consultants Limited was last trading in BSE at Rs. 227.20 as compared to the previous close of Rs. 216.40. The total number of shares traded during the day was 9000 in over 14 trades.

The stock hit an intraday high of Rs. 227.20 and intraday low of 226.50. The net turnover during the day was Rs. 2042700.00.

Source : Equity Bulls

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MonarchSurveyorsandEngineeringConsultants INE0V0L01028 LoA OrderWin