Mundra port up 3.36% on Goa order

Mundra Port and Special Economic Zone’s (MPSEZ’s) shares rose 3.36 per cent to Rs 559.15 on reports that the company has bagged a project to develop a handling terminal at the port of Mormugao, Goa, on a design, build, finance, operate and transfer basis.

The contract involves developing and operating a berth to handle about 6.5 million tonnes of cargo, with the company sharing 20 per cent of the revenue. The stock made an intraday high of 566.8 and a low of Rs 542. Total traded volumes stood at 230,000 shares vis-a-vis the two-week trading volume of 340,000 shares.