MBL Infrastructures
39.58
-0.17(-0.43%)
Market Cap₹485.00 Cr
PE Ratio-
IndustryConstruction
Company Performance:
1D-0.43%
1M-6.80%
6M-24.10%
1Y-38.64%
5Y+523.31%
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Latest news about MBL Infrastructures
MBL Infrastructure Secures Rs 77.85 Crore Arbitration Award in Uttarakhand Road Project 1 day ago
MBL Infrastructure Ltd has secured a favorable court order for an arbitration award of Rs 77.85 crore from the Public Works Department (PWD) of Uttarakhand. The award relates to a road improvement project in Almora district. The Commercial Court in Dehradun has directed the PWD to deposit the entire amount. Interest on the award continues to accrue at 8.90% per annum until payment is made. This decision marks a significant victory for MBL Infrastructure in securing compensation for the completed project.