Hot Pursuit     21-Jun-16
Man Infra declines on profit taking
Man Infraconstruction fell 0.22% to Rs 45.80 at 12:15 IST on BSE, with the stock sliding on profit booking after the company announced that its subsidiary has secured an order worth Rs 751.69 crore.
The announcement was made during market hours today, 21 June 2016.

Meanwhile, the S&P BSE Sensex was down 65.27 points or 0.24% at 26,801.65.

On BSE, so far 14.10 lakh shares were traded in the counter as against average daily volume of 1.85 lakh shares in the past one quarter. The stock was highly volatile. The stock lost as much as 4.46% at the day's low of Rs 43.85 so far during the day. The stock rose as much as 4.57% at the day's high of Rs 48 so far during the day. The stock had hit a 52-week high of Rs 50.10 on 4 December 2015. The stock had hit a 52-week low of Rs 28.85 on 12 February 2016. The stock had outperformed the market over the past one month till 20 June 2016, advancing 25.41% compared with Sensex's 6.19% rise. The scrip had also outperformed the market in past one quarter, surging 44.34% as against Sensex's 7.67% rise.

The small-cap company has equity capital of Rs 49.50 crore. Face value per share is Rs 2.

Shares of Man Infraconstruction had rallied 11.95% in the preceding three trading sessions to settle at Rs 45.90 yesterday, 20 June 2016, from its close of Rs 41 on 15 June 2016.

Man Infraconstruction's subsidiary Man Projects has received an order worth Rs 751.69 crore from Bharat Mumbai Container Terminals for development of the fourth container terminal at Jawaharlal Nehru Port (JNPT), Mumbai.

On consolidated basis, Man Infraconstruction's net profit fell 66.2% to Rs 1.04 crore on 16% growth in net sales to Rs 61.76 crore in Q4 March 2016 over Q4 March 2015.

Man Infraconstruction is a construction company engaged in providing construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects.

Previous News
  Man Infra set to launch its highly anticipated Vile Parle project
 ( Corporate News - 01-Oct-24   17:48 )
  Man Infraconstruction delivers 'The Atmosphere O2' project ahead of schedule
 ( Corporate News - 25-Sep-24   10:08 )
  Man Infra completes 'Aaradhya Evoq' project ahead of schedule
 ( Corporate News - 17-Sep-24   15:23 )
  Man Infraconstruction allots 9.37 lakh equity shares on conversion of warrants
 ( Corporate News - 02-Sep-24   18:52 )
  Man Infraconstruction divests its entire stake held in MICL Estates LLP
 ( Corporate News - 28-Aug-24   10:33 )
  Board of Man Infraconstruction recommends first interim dividend
 ( Corporate News - 06-Aug-24   17:37 )
  Man Infraconstruction consolidated net profit declines 5.99% in the June 2024 quarter
 ( Results - Announcements 06-Aug-24   15:03 )
  Man Infra records 50% sales in luxury project 'Aaradhya OnePark project'
 ( Corporate News - 29-Jul-24   12:04 )
  Man Infraconstruction to convene AGM
 ( Corporate News - 13-Jul-24   09:31 )
  Man Infraconstruction to hold board meeting
 ( Corporate News - 11-Jul-24   10:44 )
  Man Infraconstruction announces incorporation of JV in Florida, US
 ( Corporate News - 02-Jul-24   14:36 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top