Madhav Infra shares zoom 12% after bagging MP Govt ordersMadhav Infra shares zoom 12% after bagging MP Govt orders

Introduction

Leading infrastructure company received multiple orders from M.P. Urja Vikas Nigam Limited for solar PV power projects. The contracts, valued at ₹342 crore, will be executed over 18 months.

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Share price movement of Madhav Infra

On December 29, 2025, Madhav Infra Projects Ltd opened at ₹10.34, up 0.95% from its previous close of ₹10.54. The stock reached a high of ₹11.80 (11.90%) and a low of ₹10.34 (‑1.90%). By 4:01 PM, it traded at ₹11.21, a 6.36% increase, with a market cap of ₹302.20 crore.

Madhav Infra Secures ₹342 Crore Solar Contract

Madhav Infra Projects Limited received multiple Letters of Award from M.P. Urja Vikas Nigam Limited, a government enterprise. The contracts involve implementing grid-connected solar PV power plants under PM KUSUM-C Scheme.

The projects include feeder solarization for Surya Mitra Krishi Feeders Scheme. Power generated will be sold to MPPMCL. The contracts are domestic and span 18 months from PPA signing.

The total contract value is approximately ₹342 crore. Madhav Infra Projects Limited will execute the projects across Madhya Pradesh, enhancing solar infrastructure and supporting government renewable energy initiatives.

Stock performance of Madhav Infra for Period of 1 week, 6 months, and 1 year

Madhav Infra Projects Ltd delivered a ‑0.94% return over the past week. The stock declined 29.3% in the past six months and dropped 30.8% over the past year.

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Shareholding pattern of Madhav Infra

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	69%	69%	69%
FII	0.00%	0.00%	0.00%
DII	0%	0%	0%
Public	31.20%	31.20%	31%

About Madhav Infra

Madhav Infra Projects Ltd (BSE: 539894), incorporated in 2010, operates in infrastructure development and solar power generation, executing projects across India with a focus on renewable energy and construction.

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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.

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