MSK Projects up on new road contract

DALAL STREET SPIKES

MSK Projects (India) rose by 2.33 per cent to Rs 100.95 after bagging an order worth Rs 76.45 crore from Madhya Pradesh Road Development Corporation. The order is for execution of the Khandwa-Khargone (SH-26) road project.

MSK Projects is into infrastructure development and its focus is on build-operate-and-transfer (BOT) road projects. The company's net profit rose by 80.84 per cent to Rs 3.87 crore in Q1 June 2007.