Hot Pursuit
Monarch Surveyors and Engineering Consultants Ltd. shares plunge 8.30% to Rs 287.1 today, paring recent gains of 9.50% over the last one week.
Monarch Surveyors and Engineering Consultants Limited has announced the receipt of a new work order from Ratnagiri Municipal Council for the preparation of GIS base maps, Existing Land use (ELU), and assistance in GIS-based Development Plans, valued at Rs 4,66,00,000. The project, a domestic contract, is subject to necessary governmental approvals and is expected to commence immediately, with completion timeline as per the contract terms; the transaction does not involve any related parties or promoter group interests.
Trading volume reached 34800 shares today, a slight decrease of 4.92% from the one-week average. Monarch Surveyors and Engineering Consultants Ltd posted a modest gain of 13.05% year-over-year, outperforming the 4.59% loss registered by the NIFTY50 index.