Picture of MBL Infrastructure logo

MBLINFRA — MBL Infrastructure News Story

0.000.00%
in flag iconLast trade - 00:00
IndustrialsSpeculativeMicro CapValue Trap

India's MBL Infrastructure up after top court upholds arbitration award

** Shares of MBL Infrastructure MBLI.NS gains 5.9% to 34 rupees

** India's supreme court upholds an arbitration award in favour of the infrastructure firm against Telecommunications Consultants India

** Amount receivable under award is 187.8 mln rupees ($2.08 million)

** Over 166,000 shares traded, more than 2x the 30-day avg

** Stock down 47% YTD

($1 = 90.3750 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))

Recent news on MBL Infrastructure

See all news