Markolines Traffic Controls surged 6.59% to Rs 135.80 after receiving an order from Gayatri Cresent (JV) to construct a tunnel in Khambataki Ghat for Rs 325 crore.
Under this project, the company will construct a new 6 lane tunnel in the Khambataki Ghat section including approaches for the Pune - Satara Section of NH 4 in the state of Maharashtra under NHDP Phase -Von EPC mode.This contract is executable over 18-24 months, adding to the existing unexecuted order book, taking the company's total unexecuted order book to Rs 594 crore.
Markolines Traffic Controls is engaged in the business of providing highway operations & maintenance services.
The counter hit a record high of Rs 137 today, extending its winning run to the fourth trading session. Shares of Markolines Traffic Controls jumped 32.5% in four trading sessions.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Great minds don’t just skim the surface, they uncover the full story.
You’ve hit your limit of {{free_limit}} free articles this month, subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
and get complimentary access to
Smart Quarterly
₹900
3 Months
₹300/Months/month
Smart Essential
₹2700
1 Year
₹225/Months/month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Unlimited access to all articles
30+ premium stories daily, handpicked by our editor
Complimentary Access to The New York Times
News, Games, Cooking, Audio
Wirecutter & The Athletic
Complimentary Access to Our e-Paper
Digital replica of our daily newspaper
Read, save, share any article
Curated Newsletters on Diverse Topics
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Smart Investment Tips
In-depth stock analysis & insights
The Smart Investor for wealth growth tips
Access to Extensive Historical Archives
Repository of articles and publications dating back to 1997
Ad-free Reading Experience
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Repository of articles and publications dating back to 1997