Rs 240.60 crore order book: Infrastructure company bags new orders worth Rs 50,60,98,557.79 from Equinox India Development Ltd
Te stock is up by 70 per cent from its 52-week low of Rs 82.60 per share.
Mason Infratech Ltd has secured significant new orders from Lucina Land Development Ltd – known as Equinox India Development Limited (formerly known as Indiabulls Real Estate Ltd). The order involves the Superstructure RCC Civil works with a net value of approximately Rs 23.81 crore and civil work for NTA valued at approximately Rs 26.79 crore (net). Together, these projects total a net amount of Rs 50,60,98,557.79. These orders underscore our commitment to delivering exceptional infrastructure solutions for iconic developments like Panvel Park. Including these new projects additions, its ongoing order book stands at approximately Rs 240.60 crore (net of GST).
Equinox India Developments Limited (formally known as Indiabulls Real Estate Limited), established in 2006, is a leading real estate company known for delivering luxury residential and commercial properties across major Indian metros. With iconic projects like One Indiabulls Centre and Indiabulls Finance Centre in Mumbai, the company epitomizes excellence in construction. Expanding globally, it has also launched marquee developments in upscale central London, reinforcing its commitment to creating value-driven, world-class spaces.
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About the Company
Mason Infratech Ltd., a relatively new player in the Indian construction industry, specializes in civil contracting and infrastructure development. The company primarily operates in the Mumbai Metropolitan Region (MMR) and focuses on high-value civil contracts for residential and commercial projects. Its project portfolio includes a mix of Full Labour Oriented, Part Material Full Labour, and Lock & Key projects, catering to a diverse clientele such as Damji Shamji Shah Group, Transcon, Soni & Associates, and Lodha Builders.
The company has a market cap of Rs 246 crore and including the above order, the company’s order book stands at Rs 240.60 crore. The stock is up by 70 per cent from its 52-week low of Rs 82.60 per share. Investors should keep an eye on this SME stock.
Disclaimer: The article is for informational purposes only and not investment advice.