Markolines Pavement Technologies Ltd receives multiple work orders

Markolines Pavement Technologies Limited has received work multiple work orders from its clients cumulatively amounting to Rs.12,32,05,871 (inclusive of GST) for execution of various works.

Thrissur Expressway Ltd - Total value of the Letter of Award (inclusive of GST) - Rs.3,92,14,907.55 - Providing and laying of microsurfacing course in the Project stretch starting from Km 240 to km 270 (net length 28.355 Kms)

NI Road Infra Pvt. Ltd. (Formerly known as Welspun Road Infra Pvt. Ltd.) - Total value of the Letter of Award (inclusive of GST) - Rs.5,56,24,215 - Micro-surfacing works at AM2 project site.

Unitics Infrastructure and Technology Pvt. Ltd. - Total value of the Letter of Award - Rs.82,15,000 plus GST @18% (Rs.96,93,700) - Carrying out the micro seal surfacing work.

Andhra Pradesh Expressway Pvt. Ltd. (Formerly known as Andhra Pradesh Expressway Ltd.) - Total value of the Letter of Award (inclusive of GST) - Rs.25,21,612.80 - Design, Construction, Development, Finance, Operation and Maintenance of section on NH7 in the state of Andhra Pradesh under NorthSouth Corridor (NHDP Phase II) on BOT (Annuity) basis.

Jawaharlal Nehru Port Authority - Total value of the Letter of Award - Rs.1,36,87,657.35 plus GST @18% (Rs. 1,61,51,435.44) - Improvement of north gate flyover wearing coat by microsurfacing treatment in JN port.

Total unexecuted order book of the Company as on date is Rs.365 Crores+

Shares of Markolines Pavement Technologies Limited was last trading in BSE at Rs. 158.60 as compared to the previous close of Rs. 157.75. The total number of shares traded during the day was 22938 in over 638 trades.

The stock hit an intraday high of Rs. 161.50 and intraday low of 156.45. The net turnover during the day was Rs. 3635379.00.

Source : Equity Bulls

Keywords

MarkolinesPavementTechnologies CivilConstruction INE0FW001016 OrdersWin