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
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app