India's MBL Infra sees best day in a month on $2.45 mln order

MBL Infrastructure

02/01/2023 05:10

** Shares of MBL Infrastructure Ltd  MBLI.NS  rise as much
as 8.63% to 22.65 rupees, marking sharpest intraday pct gain
since Dec. 1, 2022
    ** Stock hits highest level since Dec.21, 2022
    ** The civil engineering projects developer says its unit
won an order development and operation of Bikaner-Suratgarh
section of NH-62 in Rajasthan, worth 202.2 mln rupees ($2.45
million)
    ** More than 108,000 shares change hands by 10:21 a.m IST,
0.7x the 30-day avg 
    ** Stock fell ~35% in the last year
($1 = 82.5900 Indian rupees)
 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))