Latest news with #MICLShreepatiAugustLLP
India.com
23-06-2025
- Business
- India.com
This company shares in focus following this update
इंवेस्टमेंट से पहले रिस्क को जांच लें Despite the market's 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 company's market cap standing at Rs 6,053.42 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 1,049 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 67,000 equity shares worth Rs 1,07,12,630, thereby increasing her total holdings to 5,97,60,308 equity shares from the existing 5,96,93,308. 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 company's future. With this, the total holdings have increased to 5,97,60,308 equity shares from the existing 5,96,93,308. 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 company's future, as it plans to undertake real estate and related business activities through it, a move that could potentially impact the company's 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
Mint
20-06-2025
- Business
- Mint
Quant Mutual Fund-owned realty stock edges higher following stock market rally; here's why
Quant Mutual Fund-owned realty stock Man Infraconstruction rose nearly 2 per cent in Friday's trading session after the company announced that it has incorporated subsidiary entity on June 19. The realty stock opened at ₹ 158.03 apiece on June 20, as compared to previous close of ₹ 157.66. The stock climbed 1.60 per cent, touching an intraday high to ₹ 159.79. Man Infraconstruction shares have given multibagger returns to its long-term investors by soaring over 1,076.47 per cent in five years. The company, in an exchange filing dated June 20, announced the incorporation of subsidiary company named as MICL Shreepati August LLP. The capital contribution for the incorporation is ₹ 1,00,000. The subsidiary company has been formed to carrying out business of real estate and other related activities. According to the exchange filing, the cost of acquisition is ₹ 50,500/- being 50.50 per cent of the partnership interest in MICL Shreepati August LLP having capital contribution of ₹ 1 Lakh. ' MICL Shreepati August LLP is incorporated acquired in terms of products/line of on 19/06/2025 for carrying out business of business acquired, date of real estate and other related activities and incorporation, history of last 3 years is yet to commence business operations,' the company said in the filing. Man Infraconstruction announced its financial results for the quarter ended March 31, 2025, on May 20. The company's net profit surged 50% year-on-year (YoY) to ₹ 97.15 crore in Q4 FY25, up from ₹ 64.65 crore in the same quarter last year. Its revenue from operations saw a slight annual increase, reaching ₹ 294 crore in the March 2025 quarter. On a sequential basis, however, revenue registered a notable 21% growth from ₹ 242 crore. The construction company further declared its first interim dividend of ₹ 0.45 per share. 'Declared First Interim Dividend of Rs. 0.45 per equity share (i.e. 22.5%) on 37,52,89,565 Equity Shares having Face Value of Rs. 2/- each, for the Financial Year 2025-26,' the company said in an exchange filing. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
20-06-2025
- Business
- Business Standard
Man Infra Incorporates new real estate subsidiary MICL Shreepati August LLP
Man Infraconstruction announced the incorporation of a new subsidiary, MICL Shreepati August LLP, on 19 June 2025, to undertake real estate and related business activities. In a regulatory filing, the company stated that it has contributed Rs 50,500, representing a 50.50% partnership interest in the newly formed entity, which has a total capital contribution of Rs 1 lakh. The company clarified that business operations are yet to commence and further disclosed that neither the promoter nor the promoter group has any personal interest in the new entity. Man Infraconstruction has two business verticals viz., EPC (engineering, procurement and construction) and real estate development. ManInfra has five decades of experience in EPC business and strong execution capabilities in ports, residential, commercial & industrial and road construction segments with projects spanning across India. As a real estate developer, ManInfra Group has delivered multiple residential projects in Mumbai and is recognized for its superior quality construction and timely project delivery. The company reported 50.2% rise in consolidated net profit to Rs 97.2 crore as revenue from operations remained flat at Rs 293.8 crore in Q4 FY25 over Q4 FY24. The counter rose 0.38% to Rs 158.90 on the BSE.
