Manglam Infra & Engineering Limited Secures Contract Award from MPRRDA for Road Development Project
Manglam Infra & Engineering Limited has secured a contract award with the Madhya Pradesh Rural Road Development Authority (MPRRDA) in Bhopal, focusing on infrastructure planning related to the PMGSY-IV Bridges Package. The project involves the preparation of the DPR Consultancy (Detailed Project Report) for works under this package in Barwani district.The contract awarded by MPRRDA is valued at Rs. 38,53,980 (Rupees Thirty Eight Lakh Fifty Three Thousand Nine Hundred Eighty Only), excluding GST. The scope of work includes providing the DPR Consultancy services for PMGSY-IV Bridges Package No. PMGSY-. IV /DAJGUA/Brg./10 in Barwani (Nodal PIU-Barwani).
The contract details are as follows:
| Particular | Details |
|---|---|
| Awarding Entity | Madhya Pradesh Rural Road Development Authority (MPRRDA), Bhopal, M.P. |
| Nature of Contract | Preparation of DPR of Bridges |
| Domestic/International | Domestic |
| Project Timeline | 03 Months |
| Contract Value | Rs. 38,53,980 (excluding GST) |
The contract represents a domestic infrastructure opportunity, and Manglam Infra & Engineering Limited was awarded the order for this consultancy service.
MIEL Stock Price Movement
Shares of Manglam Infra & Engineering Limited slipped on Friday, shedding 3.92% to settle at ₹12.25 after closing down ₹0.50 from the previous close. The stock traded within a narrow range between ₹12.25 and ₹12.50, recording a total volume of 6,000 shares.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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