Announced Thu, 17 Sept, 2026 · 15:54 IST
Monarch Surveyors wins Rs 2.98 cr road EPC order in Tripura under JICA funding
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹246.75
prior close
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base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.1+3.3+3.3+11.9+5.4+2.5————
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AI summary
Monarch Surveyors received a Letter of Acceptance from National Highways and Infrastructure Development Corporation Limited (NHIDCL) for widening NH-208 in Tripura to two lanes with paved shoulders over 134.913 km, on EPC basis. The project is funded by Japan International Cooperation Agency (JICA) ODA loan and is worth about Rs 2.98 crore. Work will start immediately. The contract is domestic and not a related-party transaction.
Likely market impact
Small order adds to order book; government-backed project with JICA funding boosts credibility, though order size is modest.