Madhav Infra Projects rallied 9.22% to Rs 12.79 after the company received a letter of acceptance from National Highways Authority of India (NHAI) for highway project worth Rs 323.82 crore.
The project includes construction of four Laning of section from Rahatgarh (design chainage km. 124+470) to Berkhedi (design chaingage km. 134+549) in Madhya Pradesh on hybrid annuity mode under NH (O) (Project Length 10.079 km).The said domestic contract is expected to be completed in 730 days.
Madhav Infra projects engaged in the business of infrastructure development & solar power generation.
The companys standalone net profit increased 75.3% to Rs 3.84 crore on 59.8% jump in net sales to Rs 128.79 crore in Q3 FY25 over Q3 FY24.
As on 9 April 2025, the market cap of the company stood at Rs 342.10 crore on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app