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Zodiac-JRD-MKJ Ltd leads losers in B group

Read more about Zodiac-JRD-MKJ Ltd leads losers in B group on Business Standard. Coffee Day Enterprises Ltd, MEP Infrastructure Developers Ltd, Oswal Agro Mills Ltd and Amrutanjan Health Care Ltd are among the other losers in the BSE s B group today, 28 May 2021.

Shemaroo Entertainment Ltd leads gainers in B group

Dynamic Cables Ltd, Oriental Hotels Ltd, MEP Infrastructure Developers Ltd and H T Media Ltd are among the other gainers in the BSE s B group today, 24 May 2021. Dynamic Cables Ltd, Oriental Hotels Ltd, MEP Infrastructure Developers Ltd and H T Media Ltd are among the other gainers in the BSE s B group today, 24 May 2021. Shemaroo Entertainment Ltd soared 19.97% to Rs 115.35 at 12:04 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 80155 shares were traded on the counter so far as against the average daily volumes of 24566 shares in the past one month. Dynamic Cables Ltd spiked 19.90% to Rs 36.15. The stock was the second biggest gainer in B group. On the BSE, 1.53 lakh shares were traded on the counter so far as against the average daily volumes of 40732 shares in the past one month.

MEP Infra gains on commencing tolling operations in Odisha

MEP Infrastructure Developers rose 1.24% to Rs 16.35 after the company said it commenced tolling operations at Sergarh Fee Plaza in Odisha from 6 April 2021.The National Highways Authority of India (NHAI) has engaged MEP Infrastructure Developers as the contractor for the collection of user fee through e-tender for Sergarh Fee Plaza of NH-5 in the state of Odisha. The period of the said contract is one year till 6 April 2022. The contractual amount for the said project is Rs 62.73 crore payable to NHAI. On a consolidated basis, MEP Infrastructure Developers reported a net profit of Rs 82.10 crore in Q3 FY21 as compared to a net loss of Rs 71.87 crore in Q3 FY20. Net sales dropped 41.2% to Rs 282.43 crore in Q3 FY21 over Q3 FY20.

Bharat Road Network gains on monetizing UP-based road project

Bharat Road Network (BRNL) rose 2.22% to Rs 29.95 after the company, along with its partners, signed a deal with Cube Highways for the sale of a 126-kilometre road project in Uttar Pradesh (UP), India.Singapore-based Cube Highways and Infrastructure invests in road and highway projects, along with other select infrastructure sectors in India. The share purchase agreement provides for the sale of entire stake in Ghaziabad Aligarh Expressway, the special purpose vehicle (SPV) engaged in the development, operation and maintenance of a 126-kilometre toll road project from Ghaziabad to Aligarh on National Highway-34 (NH-34). The project has been granted a 24-year concession in 2011 for strengthening and widening the two-lane highway. Toll collection on this road started in June 2015.

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