Stock Report

MSK Projects Consortium receives order from Madhya Pradesh Road Development Corporation Ltd



Posted On : 2007-03-20 05:01:38( TIMEZONE : IST )

MSK Projects Consortium receives order from Madhya Pradesh Road Development Corporation Ltd

MSK Projects India Ltd has announced that the Bid for Four Laning, Strengthening, Widening, Maintaining and Operating of Bhopal-Dewas Road on BOT Basis is awarded to consortium Companies comprising the Company, M/s. Chetak Enterprises Pvt Ltd and M/s. BSBK Pvt Ltd by Madhya Pradesh Road Development Corporation Ltd., Bhopal vide their letter of award dated March 16, 2007. The Project Cost is Rs 590.00 Crores with subsidy component of Rs 81.00 Crores.

In BSE, the stock closed at Rs.64.85, up by Rs.4.65 (+7.72%) compared to its previous close of Rs.60.20. The stock had an intraday low of Rs.61 and high of Rs.66. The total traded quantity was 71571 shares compared to its 2 week average quantity of 34180.

Source : Equity Bulls

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