Manav Infra Projects Secures Revised Work Order for Mumbai Project Worth Rs. 12 Crore
Manav Infra Projects Limited has secured a revised and fresh work order for infrastructure development in Mumbai. The new contract is with Kanakia Transparent Developers Private Limited for infra works related to the Shree Mohan CHSL project, located at Janeshwar CHS, Borivali, Mumbai-400091.The company announced the significant increase in the project value, citing changes in the project scope and an extension of work at the site.
Previously, Manav Infra Projects had received a work order for the Mumbai project amounting to Rs. 7,23,96,812/- (Rupees Seven Crores Twenty Three Lakhs Ninety Six Thousand Eight Hundred and Twelve Only). This initial value has now been revised upward.
The company confirmed receiving a fresh revised work order valued at Rs. 12,09,53,066.40/- (Rupees Twelve Crores Nine Lakhs Fifty Three Thousand Sixty Six and Forty Paise Only). This revised amount is inclusive of GST at 18%.
The revised financial details are summarized below:
| Parameter | Previous Work Order Value | Revised Work Order Value |
|---|---|---|
| Project Name | N/A | Shree Mohan CHSL, Borivali |
| Client | N/A | Kanakia Transparent Developers Private Limited |
| Amount | Rs. 7,23,96,812/- | Rs. 12,09,53,066.40/- |
| GST Inclusion | N/A | Inclusive of GST @ 18% |
MANAV Stock Price Movement
Shares of Manav Infra Projects Limited are holding steady at ₹44.90 in live trading as of 12:18 PM, showing no change percentage-wise. The stock remains significantly above its historical trough, which plunged to a 52-week low of ₹14.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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