Markolines Pavement Technologies Limited (BSE: 543364, NSE: MARKOLINES, CIN: L99999MH2002PLC156371) announced receipt of multiple work orders totaling Rs. 439.75 crore (inclusive of GST) for highway pavement and school infrastructure projects.
The largest order worth Rs. 294.39 crore comes from Indo British Group of Schools for turnkey development of school infrastructure at Pune, Hyderabad, and Nashik, with a 12-month completion timeline from site handover. Varanasi Aurangabad NH-2 Tollway Private Limited awarded two contracts totaling Rs. 118.75 crore for Dense Bituminous Macadam (DBM), Bituminous Concrete (BC), and miscellaneous works across Bihar sections of NH-2 (km 843-978 and km 938-978), due by May 2026 and within 90 days respectively.
Bharat Vanijya Eastern Private Limited issued a Rs. 21.76 crore order for DBM and BC laying on the four-laning Arrah-Pararia section of NH 319 (km 0-54.53) under Bharatmala Pariyojana Phase I (EPC mode), due in three months. Delhi Hapur Meerut Expressway Private Limited contracted Rs. 4.85 crore for pavement works under periodic maintenance, due by March 2026.
Shares of Markolines Pavement Technologies Limited was last trading in BSE at Rs. 156.65 as compared to the previous close of Rs. 160.20. The total number of shares traded during the day was 11224 in over 261 trades.
The stock hit an intraday high of Rs. 161.95 and intraday low of 155.35. The net turnover during the day was Rs. 1790197.00.