Markolines Pavement wins ₹29.37 Cr sports infrastructure orders in Andhra Pradesh, stock rises 3%Markolines Pavement wins ₹29.37 Cr sports infrastructure orders in Andhra Pradesh, stock rises 3%

Introduction

Leading infrastructure company accepted Rs 29.37 crore work orders from Sports Authority of Andhra Pradesh for stadium development and indoor hall construction projects.

Also Read: Coforge Ltd stock price jumps after clearing all approvals for Encora acquisition, deal closer to completion

Share price movement of Markolines

On April 15, 2026, Markolines Pavement Technologies Ltd opened at ₹153.00, up 1.46% from its previous close of ₹150.80. The stock reached a high of ₹155.75 (3.29%) and a low of ₹150.25. By 15:34, it traded at ₹151.70, a 0.60% increase, with a market cap of ₹334.36 crore.

Markolines Wins AP Stadium Orders

Markolines Pavement Technologies Limited informed that it has accepted Letter of Acceptance for multiple work orders from Sports Authority of Andhra Pradesh for sports infrastructure development in Vijayawada.

The total contract value is Rs 29.37 crore for development and upgradation of Indira Gandhi Municipal Corporation Stadium and construction of indoor hall at Pathrunivalasa in Srikakulam district.

The projects include 9 months completion period, 24 months defect liability period and 1 month grace period. The works are located in Andhra Pradesh under sports infrastructure development programme by the authority.

Stock performance of Markolines for period of 1 week, 6 months, and 1 year

Markolines Pavement Technologies Ltd delivered a 1-week return of -1.77%, a 6-month return of -10.6%, and a 1-year return of -12.4%.

Also Read: Texmaco Rail shares in focus after winning ₹23.57 Cr contract from Hindalco Industries

Shareholding pattern of Markolines

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	55%	55%	56.90%
FII	0.20%	0.20%	0.20%
DII	0.10%	0.00%	0.00%
Public	44.70%	44.80%	42.90%

About Markolines

Markolines Pavement Technologies Ltd (NSE: MARKOLINES) provides highway operations and maintenance services including pavement repair, recycling, stabilization and tunneling infrastructure solutions.

Stay Ahead with the Latest Stock Market Updates – Click Here

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.

FAQs