/ MEP Infrastructure To File DRHP By End Of April 2017 ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 10 April 2017

MEP Infrastructure Developers Ltd.,rose 3.11% to Rs 64.70 today, after it was announced by Jayant Mhaiskar, VC & MD of MEP Infrastructure Developers Ltd., that the company has received in principle approval for Infrastructure Investment Trusts and it will file DRHP by end of this month.

The stock price of MEP Infrastructure Developers Ltd., touched 52-week high at Rs 60.70 on April 5, 2017 as it entered into a MoU with CIDB Holdings SDN BHD for development of sustainable highway and expressways projects in India and related investments, as per company release.

The stock of MEP Infrastructure Developers Ltd., is trading at Rs.64.75, up by 3.19% on BSE. The 52-week high was Rs 67.40 on April 10, 2017 & 52-week low was Rs 34 on November 10, 2016.The market capitalization of the company at present is Rs 1053.45 crore.

As on December 31, 2016, the company’s revenue was Rs 175.18 crore & its net profit was Rs 1.97 crore. In the mean time, the S&P BSE Sensex is up by 45.89 points or 0.15% to 29,752.50 levels.

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