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Madhucon Projects rises 7%, receives LOA worth Rs 922.64 crore

Madhucon Projects rises 7%, receives LOA worth Rs 922.64 crore

Monday, April 10, 2017, 9:55 PM

Shares of Madhucon Projects added 7.6 percent intraday Monday as it has received Letter of Award (LOA) worth Rs 922.64 crore. The company's JV with Shreehari-Hulu has received LOA worth Rs 166 crore from Maharashtra State Road Development Corporation for rehabilitation and construction of Manjarsumbha to Chumbhali Phata of NH-548D to two lane with paved shoulder in the state of Maharashtra on EPC mode.
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