MBL Infra share price hit a new 52 week low of Rs 44.55 on the NSE in the morning trade. It was only a couple of days ago on 27th December that the stock had tanked almost 5 per cent and touched 52 week low of Rs 49.30 on the National Stock Exchange (NSE).
MBL Infra is involved in the implementation of civil engineering projects. The firm provides integrated EPC or engineering, procurement and construction services for civil construction and infrastructure sector projects. The organization has a large convoy of sophisticated equipment, enveloping hot mix plants, tandem rollers, sensor pavers, stone crushers, loaders, soil compactors, motor graders, cranes, tippers, concrete batching plants, excavators, dozers, transit mixers, concrete pumps and the list goes on.
MBL Infrastructures Limited belongs to the Construction sector, having a market cap of Rs 194.21 cr as on 29th December 2016 as compared to Rs 214.94 recorded on 27th December, 2016. Today, MBL Infra share price opened at Rs 44.55, down by its previous close of Rs 46.85. The figure of Rs 44.55 has also been its intraday high so far. At 9:25 am, the total quantity traded of the stock was seen at approximately thirteen thousand as compared to its twenty day average of close to three lac shares.
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