Infra stock in focus after receiving order from Varanasi Aurangabad NH-2 TollwayInfra stock in focus after receiving order from Varanasi Aurangabad NH-2 Tollway

Introduction:

Infra stock has secured a ₹6.39 crore service order for completing balance work at Mohania Toll Plaza on NH2. This project reinforces its expertise in highway development while ensuring transparency, compliance, and continued growth in the infrastructure sector.

Share Price movement of Markolines Pavement Technologies:

On March 11, 2025, Markolines Pavement Technologies Ltd opened at ₹122.00, reaching a high of ₹126.45 up 1.60%, a low of ₹119.00 and its previous close was ₹124.45. The stock is currently trading at ₹120.00, with a market cap of ₹264.05 crore.

Markolines Pavement Technologies received order:

Markolines Pavement Technologies Limited has secured a service order worth ₹6.39 crore (inclusive of GST) from Varanasi Aurangabad NH-2 Tollway Pvt. Ltd. The project involves completing the balance work at Mohania Toll Plaza under the NH2 Project.  

The company confirms that none of its directors, promoters, or group entities have any interest in the contracting entity. Additionally, the received service order does not qualify as a related party transaction, ensuring transparency and regulatory compliance.  

All contracts and service orders are awarded by domestic entities, reinforcing Markolines’ strong position in the infrastructure sector. This new project further strengthens its portfolio, contributing to its continued growth and expertise in highway and tollway infrastructure development.

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Ace investor holding of Markolines Pavement Technologies:

Karan Kapoor holds 4,23,200 shares in Markolines Pavement Technologies Ltd., representing a 1.92% stake valued at ₹5.1 crore. His holdings saw a slight reduction of 0.29% from the previous quarter, indicating a minor portfolio adjustment while maintaining a significant stake.

Rahul Jhunjhunwala owns 3,09,250 shares in Markolines Pavement Technologies Ltd., holding a 1.41% stake worth ₹3.7 crore. His position decreased by 0.21% from the previous quarter, suggesting a strategic reallocation while retaining a notable presence in the infrastructure sector.

Stock performance of Markolines Pavement Technologies for Period of 1 week, 6 months and 1 year:

Markolines Pavement Technologies stock showed mixed performance across different periods. Over the past week, it gained 7.66%, indicating short-term momentum. However, in six months, it declined by 47.4%, reflecting significant weakness. Over the last year, the stock dropped 12.3%, highlighting overall negative long-term returns.

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Shareholding pattern of Markolines Pavement Technologies:

Summary	Dec-24	Sep-24	Jun-24
Promoter	61.20%	71.30%	71.30%
FII	0.20%	0.20%	0%
DII	0%	0.70%	1.80%
Public	38.60%	27.80%	26.90%

About Markolines Pavement Technologies:

Markolines Pavement Technologies Ltd (BSE:543364) specializes in road infrastructure solutions, focusing on highway maintenance and toll management. The company delivers innovative, cost-effective services, ensuring durability and efficiency in road construction. With a strong industry presence, it continues to expand its portfolio and enhance transportation infrastructure.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.