Hot Pursuit     15-Feb-10
MBL Infrastructures rebounds on new order win
MBL Infrastructures gained 1.72% to Rs 210.40 at 15:18 IST on BSE, off the session's low of Rs 202.50, after the company bagged an order worth Rs 100.12 crore.

At the day's low of Rs 202.50, the stock had declined 2.10% before the company announced the new order win during trading hours.

Meanwhile, the BSE Sensex was down 110.77 points, or 0.69% to 16,041.82.

On BSE, 1.57 lakh shares were traded in the counter as against an average daily volume of 7.17 lakh shares in the past one quarter.

The stock hit a high of Rs 217.80 and a low of Rs 202.50 so far during the day. The stock had hit a lifetime high of Rs 247.60 on 21 January 2010 and a lifetime low of Rs 182.20 on 13 January 2010.

The small-cap stock had outperformed the market over the past one month till 11 February 2010, rising 0.53% as compared to the Sensex's 7.84% fall.

The company's equity capital is Rs 17.51 crore. Face value per share is Rs 10.

The current price of Rs 210.40 discounts the company's Q3 December 2009 annualized EPS of Rs 34.21, by a PE multiple of 6.15.

MBL Infrastructures has bagged the latest order from Reliance Infrastructure for construction works at the Sasan ultra mega power project plant in Madhya Pradesh.

MBL Infrastructures reported net profit of Rs 10.10 crore on net sales of Rs 162.27 crore in Q3 December 2009.

MBL Infrastructures is engaged in the business of construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients. It is also engaged in steel trading and waste management at major steel plants.

Previous News
  MBL Infrastructures reports consolidated net loss of Rs 16.87 crore in the June 2022 quarter
 ( Results - Announcements 30-Jul-22   14:52 )
  MBL Infrastructures reports consolidated net profit of Rs 289.73 crore in the March 2020 quarter
 ( Results - Announcements 14-Jul-20   07:51 )
  MBL Infrastructure to announce Quarterly Result
 ( Corporate News - 09-Aug-23   10:15 )
  MBL Infrastructures standalone net profit rises 795.80% in the June 2018 quarter
 ( Results - Announcements 16-Aug-18   14:16 )
  MBL Infrastructures updates on Sonapur to Cuwahati road project in Assam
 ( Corporate News - 28-Aug-19   14:02 )
  MBL Infrastructures to hold board meeting
 ( Corporate News - 02-Sep-20   15:32 )
  MBL Infrastructures to hold board meeting
 ( Corporate News - 01-Feb-16   13:38 )
  MBL Infrastructures to conduct board meeting
 ( Corporate News - 08-Aug-19   10:07 )
  MBL Infrastructures standalone net profit rises 11.27% in the December 2015 quarter
 ( Results - Announcements 13-Feb-16   12:30 )
  MBL Infrastructures to table results
 ( Corporate News - 20-May-22   16:13 )
  Outcome of QIP Committee meeting of MBL Infrastructures
 ( Corporate News - 08-Dec-14   17:34 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top