The announcement was made during trading hours today, 10 January 2012.

Meanwhile, the BSE Sensex was up 250.78 points, or 1.59% to 16,065.50.

On BSE, 4,435 shares were traded in the counter as against average daily volume of 1,831 shares in the past one quarter.

The stock hit a high of Rs 129.90 and a low of Rs 120.70 so far during the day. The stock had hit a 52-week high of Rs 210 on 14 February 2011. The stock had hit a record low of Rs 93.10 on 19 December 2011.

The small-cap stock had outperformed the market over the past one month till 9 January 2012, gaining 15.45% compared with Sensex's 2.46% decline. The scrip had, however, underperformed the market over the past one quarter, declining 6.16% as against Sensex's 2.57% fall.

The company has an equity capital of Rs 17.51 crore. Face value per share is Rs 10.

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 Rs 2636.14 crore.

On a consolidated basis, MBL Infrastructures' net profit rose 1.8% to Rs 7.99 crore on 25.3% growth in net sales to Rs 154.03 crore in Q2 September 2011 over Q2 September 2010.

MBL Infrastructures undertakes civil engineering projects, with specialization in roads and highways.