Manav Infra Projects Gains New Work Order from Kolte Patil Developers
Manav Infra Projects Limited has secured a new work order from Kolte Patil Developers Limited for the extension of work at the site, boosting its business pipeline. The contract pertains to Shore Piling and Anchoring work at Bangur Nagar, Goregaon West, Mumbai-400104.The company announced that the newly received work order from Kolte Patil Developers Limited amounts to Rs. 2,99,39,984.87. This fresh business opportunity concerns the extension of ongoing work at the designated project site.
Manav Infra Projects Limited previously reported receiving a work order from Kolte Patil Developers Limited for the same project, amounting to approximately Rs. 1,79,19,436.65.
The company noted that both project amounts are inclusive of GST at 18%.
The financial details of the contracts are summarized below:
| Client | Scope of Work | Project Nature | Contract Value |
|---|---|---|---|
| Kolte Patil Developers Limited | Extension of work (Shore Piling and Anchoring) | New Work Order | Rs. 2,99,39,984.87 |
| Kolte Patil Developers Limited | Shore Piling and Anchoring work | Previous Work Order | Rs. 1,79,19,436.65 |
MANAV Stock Price Movement
As of 2:32 PM, shares of Manav Infra Projects Limited are holding steady at ₹41.5, flatlining as they navigate the live trading session. The stock currently mirrors its previous closing price, indicating a pause in momentum within the Civil Construction sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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