MBL Infrastructures' shares gained nearly 9%, touching the monthly high of Rs129.90, after the company said that a consortium led by the firm has won a road development project in Rajasthan.
MBL Infrastructures said that it has been awarded the project for developing and operation of Bikaner-Suratgargh section of NH-15 in Rajasthan by PWD, Rajasthan. The project will be executed on design, build, finance, operate and transfer basis, with a concession period of 16 years, including construction period of 24 months. The project is for two laning with paved shoulder of Bikaner-Suratgarh section of NH-15.
With this latest contract, MBL Infrastructures is now executing 21 projects aggregating Rs2636.14 crore.....more info
MBL Infrastructures said that it has been awarded the project for developing and operation of Bikaner-Suratgargh section of NH-15 in Rajasthan by PWD, Rajasthan. The project will be executed on design, build, finance, operate and transfer basis, with a concession period of 16 years, including construction period of 24 months. The project is for two laning with paved shoulder of Bikaner-Suratgarh section of NH-15.
With this latest contract, MBL Infrastructures is now executing 21 projects aggregating Rs2636.14 crore.....more info