Manav Infra Projects Secures Rs 12.28 Crore Work Order for Motilal Nagar Redevelopment Project
Manav Infra Projects Limited has secured a significant work order for a major infrastructure project in Mumbai. The company has been awarded the contract for carrying out Shore Piling works package for the MN1 S1 Parcel, which falls under the Motilal Nagar Redevelopment Project in Goregaon West, Mumbai.The total value of the project order from Adani Realty is approximately Rs. 12,28,61,665/- (Rupees Twelve Crores Twenty Eight Lakhs Sixty-One Thousand Six Hundred and Sixty-Five Only).
The company confirmed that the project amount mentioned is inclusive of GST at 18%. This successful contract represents a normal course business update for Manav Infra Projects Limited.
The financial details of the received work order are summarized below:
| Parameter | Detail |
|---|---|
| Project Name | Motilal Nagar Redevelopment Project |
| Work Package | Shore Piling works package for MN1 S1 Parcel |
| Client | Adani Realty |
| Order Value | Rs. 12,28,61,665/- |
| GST Inclusion | Inclusive of GST @ 18% |
MANAV Stock Price Movement
On Friday, Manav Infra Projects Limited shares rallied, closing at ₹44.5 after gaining 3.37%. The equity surged to hit its 52-week high of ₹45.2 and recorded a total traded volume of 44,000 shares during the session.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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