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Monarch Surveyors secures ₹2.12 crore order from South East Central Railway for railway yard measurement

29-Jul-26   11:43 Hrs IST
Monarch Surveyors and Engineering Consultants Ltd. is currently trading at Rs 216.0, down 4.02%, while its stock price has fallen by 5.26% over the last week. Monarch Surveyors and Engineering Consultants Limited has announced the receipt of a Letter of Acceptance (LOA) for a project involving the measurement of railway yards using advanced trolley technology under the jurisdiction of the South East Central Railway. The total order value for this project is Rs2,11,69,023.40, and the work is subject to necessary governmental approvals, with commencement expected immediately and completion timeline as per the contract terms. The transaction does not constitute a related-party transaction, and the company confirmed that promoters or promoter groups have no interest in the awarded contract. Trading volume reached 26400 shares today, a surge of 300.0% compared to the average volume of the last one week. Monarch Surveyors and Engineering Consultants Ltd. tanked by 46.03% year-over-year, underperforming the 2.82% loss registered by the NIFTY50 index.

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