Shares of MBL Infrastructures surged as much as 2.83 per cent to Rs 221.50 on Monday after the company announced that it has bagged an order worth Rs 414 crore.
The infrastructure company engaged primarily in the construction and maintenance of roads and highways has got the offer from Ministry of Road Transport & Highways for the upgradation of a stretch between Jabalpur and Hiran River on NH-12 (New NH No 45) into a four-lane road.
MBL Infrastructures has to complete the project within 24 months.
At 10.45 am, shares of MBL Infrastructures were up 2 per cent at Rs 219.90, outperforming the broad market indicator Sensex, which was 0.61 per cent.
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