This company shares in focus following this update – Check details here
GH News June 23, 2025 06:06 PM
Despite the markets volatility the shares of BSE smallcap company Man Infraconstruction saw a positive trend on Monday. The counter which began the session at Rs 160.55 managed to reach a high of Rs 162.55 on the BSE marking a 1.27 per cent increase from the previous close. As of the latest update the counter was trading at Rs 161.75. The 52-week high and low of the counter on the BSE are Rs 262.50 and Rs 135.50 respectively with the companys market cap standing at Rs 6053.42 crore. The counter has been gaining for the last two days and has risen 3.61 per cent in the period. Technically the stock trades higher than the 50-day moving averages but lower than 5-day 20-day 100-day and 200-day moving averages. Share Price History The counter has given a multibagger return of 102.31 per cent in three years and 1049 per cent in five years. However it has corrected 20 per cent in one year and 35 per cent on a YTD (year-to-date) basis. Promoter Increases Stake Notably the company has observed a significant change in the shareholding of its promoter Mansi P Shah. As per the information available on the BSE Shah has acquired 67000 equity shares worth Rs 10712630 thereby increasing her total holdings to 59760308 equity shares from the existing 59693308. This has also led to a rise in her stake in the company to 15.53 per cent a development that could instill confidence in the companys future. With this the total holdings have increased to 59760308 equity shares from the existing 59693308. Also her stake in the company has now risen to 15.53 per cent. On June 19 2025 the company took a significant step by incorporating a subsidiary entity MICL Shreepati August LLP. This subsidiary is set to play a crucial role in the companys future as it plans to undertake real estate and related business activities through it a move that could potentially impact the companys growth trajectory. Q4 Results Earlier the company reported over 50 per cent growth in consolidated net profit to Rs 97.15 crore in the quarter ended March 31 2025. The company said in an exchange filing that it posted a net profit of Rs 64.65 crore in the January-March period of the preceding 2023-24 fiscal. With PTI Inputs
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