MBL Infrastructure wins arbitration award worth Rs 82.77 crores

Arbitration WonRegulatory & Legal View source PDF Explain this filing

MBLINFRA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹24.90

prior close

₹24.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.9% vs market

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+4.2

10m

+5.6

15m

+4.1

30m

+4.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.3-1.3+0.9

Next day

-1.1-0.8-0.3

-0.8-1.4+0.6

+0.4-0.3+0.7

+0.4+1.0-0.6

+1.6+1.5+0.1

+0.4+3.1-2.7

15d

-3.4+4.1-7.4

-7.6+4.8-12.4

-16.1+3.1-19.2

-23.1-3.6-19.5

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MBL Infrastructure's arbitration award of Rs 82.77 crores including interest in favour of the company has been upheld. The Commercial Court in Dehradun dismissed petitions filed by Uttarakhand's Public Works Department challenging the award. The award relates to a road improvement and strengthening project in Udham Singh Nagar district. Interest at 12 percent per year continues to accrue until the government makes payment to the company.

Likely market impact

Positive - arbitration award of Rs 82.77 crores upheld, court dismissed government petitions, 12 percent interest continues accruing till payment.