Stock under Rs 150: This micro-cap civil construction company bags work order worth Rs 9.49 crore!

Shares of the company have jumped more than 60 per cent in the last one year.

On April 11, 2023, Markolines Pavement Technologies Limited informed in the exchange filing that the company has received two work order worth Rs 9,46,71,057. The order involves the execution of soil stabilization (FDR) work In District - Bulandshah, and Hapur, UP, India. 

Markolines Pavement Technologies Limited's business operations are broadly divided into three categories: 

Highway Operations - Under which the company provides services like toll operations. Route patrolling and incident management highway maintenance - Under this, the company provides services like routine maintenance, preventive maintenance and major maintenance and repairs.  

Specialized maintenance services - Under this, it provides services which enhance the life and quality of the road, these are micro-surfacing, base stabilization and cold in-place recycling. 

Today, the stock opened at Rs 129.85, with a high and low of Rs 131.50 and Rs 124.70. The stock closed trading at Rs 130.50, up by 2.08 per cent. In the last one year, the shares of the company have given more than 60 per cent returns and on a YTD basis, the stock has given about -15 per cent returns. 

The stock has a 52-week high of Rs 207 and a 52-week low of Rs 75.05. The company has a ROCE of 26.5 per cent and an ROE of 31.4 per cent, with a market capitalisation of Rs 287 crore.