Madhav Infra Project is locked at its upper circuit limit of Rs. 24.15, up by 1.15 points or 5.00% from its previous closing of Rs. 23.00 on the BSE.
The scrip opened at Rs. 23.95 and has touched a high and low of Rs. 24.15 and Rs. 22.50 respectively. So far 13596 shares were traded on the counter.
The BSE group ‘X’ stock of face value Rs. 1 has touched a 52 week high of Rs. 28.00 on 29-Apr-2020 and a 52 week low of Rs. 16.60 on 04-Sep-2019.
Last one week high and low of the scrip stood at Rs. 24.15 and Rs. 21.30 respectively. The current market cap of the company is Rs. 154.70 crore.
The promoters holding in the company stood at 72.65 and Non-Institutions held 27.35%.
Madhav Infra Project has incorporated wholly owned subsidiary (WOS) company namely ‘Madhav’ (Aaron Sindh Road) on May 27, 2020. New Company incorporated as Special Purpose Vehicle of the Company for carried out the Rehabiliation and Upgradation of Roads for civil package No. 14, via Aaron via Vidoriya – Raghogarh & Ashoknagar- Aaron Road.
Madhav Infra Project operates under Madhav Group which focused on Energy, Highways, Urban Infrastructure and Real Estate industries.