MEP Infrastructure Builders rose 1.24% to Rs 16.35 after the corporate mentioned it commenced tolling operations at Sergarh Charge Plaza in Odisha from 6 April 2021.
The Nationwide Highways Authority of India (NHAI) has engaged MEP Infrastructure Builders because the contractor for the gathering of person price via e-tender for Sergarh Charge Plaza of NH-5 within the state of Odisha. The interval of the mentioned contract is one yr until 6 April 2022. The contractual quantity for the mentioned venture is Rs 62.73 crore payable to NHAI.
On a consolidated foundation, MEP Infrastructure Builders reported a web revenue of Rs 82.10 crore in Q3 FY21 as in comparison with a web lack of Rs 71.87 crore in Q3 FY20. Internet gross sales dropped 41.2% to Rs 282.43 crore in Q3 FY21 over Q3 FY20.
MEP Infrastructure Builders operates community of roads, highways, bridges and toll plazas.
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