Multibagger Stock: This stock has jumped 200% in two years, have you noticed it? – this small-cap real estate company delivered mind-blowing returns of over 200 percent in the two years you hold it
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New Delhi: Man Infrastructure Ltd. has given multibagger returns to its shareholders in the last one year. During this period, the share price of the company increased from Rs 46.73 as on Sep 3, 2021 to Rs 149.45 as on Aug 31, 2023, registering a growth of over 210% in the holding period of two years. If you had invested Rs 1 lakh in the shares of this company a year back, it would have been worth Rs 3.10 lakh today. The company reported a 94.3% growth in its net profit at Rs 84.80 crore for the quarter ended June 30, 2023, over Rs 43.65 crore in the corresponding quarter last year. The company’s total income grew by 45.48% to Rs 509.66 crore in Q1FY24 as against Rs 351.97 crore in the same quarter last year.
Man Infrastructure Limited holds 33.32% stake in Royal Netra Construction Private Limited. The company has announced plans to develop one of the largest redevelopment projects in the western suburbs of the city of Mumbai. It is an integrated EPC company with nearly six decades of experience and execution capability with projects across India in the port, residential, commercial and industrial and road construction sectors. Today the stock opened at Rs 147.90. During this period it touched a high of Rs.149.65 and a low of Rs.147.35. Now it is trading at Rs 147.65 with an increase of 0.92 percent.
Man Infrastructure Limited holds 33.32% stake in Royal Netra Construction Private Limited. The company has announced plans to develop one of the largest redevelopment projects in the western suburbs of the city of Mumbai. It is an integrated EPC company with nearly six decades of experience and execution capability with projects across India in the port, residential, commercial and industrial and road construction sectors. Today the stock opened at Rs 147.90. During this period it touched a high of Rs.149.65 and a low of Rs.147.35. Now it is trading at Rs 147.65 with an increase of 0.92 percent.
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