Markolines Pavement Technologies, a Maharashtra-based infrastructure company, surged nearly 5% in share price on June 10, 2025, after securing a ₹16.75 crore work order from Vadodara Kim Expressway Pvt. Ltd. for rain cut repair projects. The order enhances investor confidence in the SME stock, with project completion scheduled by July 31, 2025.
Markolines Pavement Technologies Ltd., an SME infrastructure company headquartered in Maharashtra, saw a nearly 5% surge in its stock price after the company announced it had secured a ₹16.75 crore work order from Vadodara Kim Expressway Pvt. Ltd. for two rain cut repair projects.
Markolines Pavement Technologies Ltd. is a specialized provider of road infrastructure solutions with a focus on highway operations and maintenance. On June 10, 2025, the company disclosed to stock exchanges that it received two domestic work orders totaling ₹16,75,82,305 (inclusive of GST) from Vadodara Kim Expressway Pvt. Ltd.
The two projects under this order are:
- ₹13.82 crore (inclusive of GST) for the first rain cut repair contract.
- ₹2.94 crore (inclusive of GST) for the second rain cut repair contract.
The total value of the orders amounts to ₹16.75 crore, with completion set for July 31, 2025. These works will be executed at the Vadodara-Kim expressway project site.
The announcement had a direct impact on the company’s stock performance. Markolines’ share price opened at ₹152.50 on the Bombay Stock Exchange (BSE), up over 1% from its previous close of ₹150.65. It surged to an intraday high of ₹158, reflecting an intraday gain of nearly 5%.
This order win not only reinforces the company’s capabilities in infrastructure maintenance but also boosts investor confidence in the SME-listed firm.
Markolines Pavement’s successful bidding and subsequent stock rally illustrate the growing opportunity in India’s road repair and highway infrastructure segment, particularly in monsoon-preparedness work like rain cut repairs.
