Meanwhile, the BSE Sensex was up 34.55 points, or 0.22%, to 16,072.90.

On BSE, 66,000 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 215.70 and a low of Rs 207 so far during the day. The stock had hit a 52-week high of Rs 247.60 on 21 January 2010 and a 52-week low of Rs 182.20 on 13 January 2010.

The stock had jumped 4.43% in two consecutive sessions to Rs 211.85 on Monday 15 February 2010, from Rs 202.85 on 10 February 2010.

The stock had risen 2.42% on Monday, 15 February 2010 after the company bagged an order worth Rs 100.12 crore 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.