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- MANINFRA
MANINFRA
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Recent events
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News
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Corporate Actions
India's Man Infraconstruction hits record high
** Shares of Man Infraconstruction Ltd MANI.NS rise as much as 5.1% to record high of 256.80 rupees
** Reuters could not immediately ascertain the reason behind MANI's move
** Around 10.7 mln shares traded, 4x the 30-day avg volume of ~2.6 mln shares
** Stock extends YTD gains to 18%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of Man Infraconstruction Ltd MANI.NS rise as much as 5.1% to record high of 256.80 rupees
** Reuters could not immediately ascertain the reason behind MANI's move
** Around 10.7 mln shares traded, 4x the 30-day avg volume of ~2.6 mln shares
** Stock extends YTD gains to 18%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
Man Infraconstruction Says MICL Group Divested From Phase 3 Of Project Near Dahisar
Nov 15 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION - MICL GROUP DIVESTED FROM PHASE 3 OF PROJECT NEAR DAHISAR
Further company coverage: MANI.NS
(([email protected];))
Nov 15 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION - MICL GROUP DIVESTED FROM PHASE 3 OF PROJECT NEAR DAHISAR
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Says Acquisition Of Commencement Certificate For Vile Parle Project
Oct 1 (Reuters) - Man Infraconstruction Ltd MANI.NS:
ACQUISITION OF COMMENCEMENT CERTIFICATE FOR VILE PARLE PROJECT
PROJECT HAS TOTAL ESTIMATED SALE POTENTIAL OF OVER 12 BILLION RUPEES
Source text for Eikon: ID:nBSErLL62
Further company coverage: MANI.NS
(([email protected];))
Oct 1 (Reuters) - Man Infraconstruction Ltd MANI.NS:
ACQUISITION OF COMMENCEMENT CERTIFICATE FOR VILE PARLE PROJECT
PROJECT HAS TOTAL ESTIMATED SALE POTENTIAL OF OVER 12 BILLION RUPEES
Source text for Eikon: ID:nBSErLL62
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Says Atmosphere O2 Project Has Revenue Potential Of About 16.50 Bln Rupees
Sept 25 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION - ATMOSPHERE O2 PROJECT HAS REVENUE POTENTIAL OF ABOUT 16.50 BILLION RUPEES
MAN INFRACONSTRUCTION - PROJECT TOTAL COLLECTION OF 14.75 BILLION RUPEES AS OF SEPT FROM ITS BOOKINGS
Source text for Eikon: ID:nBSE89hD1J
Further company coverage: MANI.NS
(([email protected];))
Sept 25 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION - ATMOSPHERE O2 PROJECT HAS REVENUE POTENTIAL OF ABOUT 16.50 BILLION RUPEES
MAN INFRACONSTRUCTION - PROJECT TOTAL COLLECTION OF 14.75 BILLION RUPEES AS OF SEPT FROM ITS BOOKINGS
Source text for Eikon: ID:nBSE89hD1J
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Says Disposal Of Entire Partnership Interest In MICL Estates LLP
Aug 28 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION - DISPOSAL OF ENTIRE PARTNERSHIP INTEREST IN MICL ESTATES LLP
Further company coverage: MANI.NS
(([email protected];))
Aug 28 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION - DISPOSAL OF ENTIRE PARTNERSHIP INTEREST IN MICL ESTATES LLP
Further company coverage: MANI.NS
(([email protected];))
India's Man Infraconstruction rises on acquiring redevelopment project
** Shares of Man Infraconstruction MANI.NS rise as much as 4.7% to 203.9 rupees, set for fourth straight session of gains
** Engineering, procurement and construction firm says it acquired a redevelopment project in Bandra Kurla complex in the city of Mumbai
** Co holds 34% stake in the project
** More than 1.2 mln shares change hands in the most active trading session since late-April
** Stock last up 2.8%, cutting its YTD losses to 7.7%
** In last 12 months, stock is up 95.1%
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
** Shares of Man Infraconstruction MANI.NS rise as much as 4.7% to 203.9 rupees, set for fourth straight session of gains
** Engineering, procurement and construction firm says it acquired a redevelopment project in Bandra Kurla complex in the city of Mumbai
** Co holds 34% stake in the project
** More than 1.2 mln shares change hands in the most active trading session since late-April
** Stock last up 2.8%, cutting its YTD losses to 7.7%
** In last 12 months, stock is up 95.1%
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
Man Infraconstruction March-Quarter Consol Profit Falls
May 14 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD MARCH-QUARTER CONSOL PROFIT 646.5 MILLION RUPEES VERSUS 915.3 MILLION RUPEES
MAN INFRACONSTRUCTION LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.97 BILLION RUPEES VERSUS 6.8 BILLION RUPEES
Source text for Eikon: ID:nNSE2xw8DK
Further company coverage: MANI.NS
(([email protected];))
May 14 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD MARCH-QUARTER CONSOL PROFIT 646.5 MILLION RUPEES VERSUS 915.3 MILLION RUPEES
MAN INFRACONSTRUCTION LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.97 BILLION RUPEES VERSUS 6.8 BILLION RUPEES
Source text for Eikon: ID:nNSE2xw8DK
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Says MICL Group Acquires Project In South Mumbai
March 22 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP ACQUIRES PROJECT IN SOUTH MUMBAI
PROJECT EXPECTED TO GENERATE TOTAL SALES VALUE OF ABOVE 21 BILLION RUPEES
MICL IS POISED TO ACHIEVE EXPECTED PROFIT BEFORE TAX OF ABOVE 4 BILLION RUPEES FROM PROJECT
Source text for Eikon: ID:nBSE7b381p
Further company coverage: MANI.NS
(([email protected];))
March 22 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP ACQUIRES PROJECT IN SOUTH MUMBAI
PROJECT EXPECTED TO GENERATE TOTAL SALES VALUE OF ABOVE 21 BILLION RUPEES
MICL IS POISED TO ACHIEVE EXPECTED PROFIT BEFORE TAX OF ABOVE 4 BILLION RUPEES FROM PROJECT
Source text for Eikon: ID:nBSE7b381p
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Dec-Quarter Consol Profit Falls
Feb 5 (Reuters) - Man Infraconstruction Ltd MANI.NS:
DEC-QUARTER CONSOL PROFIT 865.1 MILLION RUPEES VERSUS 906.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.42 BILLION RUPEES VERSUS 4.57 BILLION RUPEES
Further company coverage: MANI.NS
(([email protected];))
Feb 5 (Reuters) - Man Infraconstruction Ltd MANI.NS:
DEC-QUARTER CONSOL PROFIT 865.1 MILLION RUPEES VERSUS 906.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.42 BILLION RUPEES VERSUS 4.57 BILLION RUPEES
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Gets Occupancy Certificate For Remaining Towers In Aaradhya Oneearth Project
Jan 29 (Reuters) - Man Infraconstruction Ltd MANI.NS:
GOT OCCUPANCY CERTIFICATE FOR REMAINING RESIDENTIAL TOWERS IN AARADHYA ONEEARTH PROJECT
AARADHYA ONEEARTH PROJECT IS NEARLY 90% SOLD OUT
Source text for Eikon: ID:nBSE8L05fH
Further company coverage: MANI.NS
(([email protected];))
Jan 29 (Reuters) - Man Infraconstruction Ltd MANI.NS:
GOT OCCUPANCY CERTIFICATE FOR REMAINING RESIDENTIAL TOWERS IN AARADHYA ONEEARTH PROJECT
AARADHYA ONEEARTH PROJECT IS NEARLY 90% SOLD OUT
Source text for Eikon: ID:nBSE8L05fH
Further company coverage: MANI.NS
(([email protected];))
India's Man Infra rises to record high on redevelopment project plan
** Shares of Man Infraconstruction MANI.NS rise as much as 4.5% to record high of 217 rupees, currently trading 3.9% higher
** The construction engineering co says it will redevelop a property in Mumbai, which is expected to generate 5 bln rupees ($60.16 mln) in revenue
** Shares of MANI were trading ~2% higher before the news
** Stock on track to rise for three straight quarters, gaining ~216% during the period
** MANI traded most in a quarter since Sept-qtr FY22
** Stock extends YTD rise to ~192%, its second-highest yearly gain since listing in March 2010
($1 = 83.1100 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Man Infraconstruction MANI.NS rise as much as 4.5% to record high of 217 rupees, currently trading 3.9% higher
** The construction engineering co says it will redevelop a property in Mumbai, which is expected to generate 5 bln rupees ($60.16 mln) in revenue
** Shares of MANI were trading ~2% higher before the news
** Stock on track to rise for three straight quarters, gaining ~216% during the period
** MANI traded most in a quarter since Sept-qtr FY22
** Stock extends YTD rise to ~192%, its second-highest yearly gain since listing in March 2010
($1 = 83.1100 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Man Infra hits record high on getting commencement certificate for Mumbai project
** Shares of Man Infraconstruction MANI.NS rise as much as 6.4% to a record high of 212.9 rupees
** Construction and engineering co gets commencement certificate for its uber-luxurious residential project in Mumbai
** MANI says project expected to generate revenue of 12 bln rupees ($144.28 million) in next 4 years
** More than 5.2 mln shares change hands, 1.5x its 30-day avg
** Stock on track for third straight quarterly gain, if trend holds; up 38.4% for the quarter so far
** Including session's gains, stock up over 174% YTD
($1 = 83.1723 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Man Infraconstruction MANI.NS rise as much as 6.4% to a record high of 212.9 rupees
** Construction and engineering co gets commencement certificate for its uber-luxurious residential project in Mumbai
** MANI says project expected to generate revenue of 12 bln rupees ($144.28 million) in next 4 years
** More than 5.2 mln shares change hands, 1.5x its 30-day avg
** Stock on track for third straight quarterly gain, if trend holds; up 38.4% for the quarter so far
** Including session's gains, stock up over 174% YTD
($1 = 83.1723 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Man Infraconstruction Says Approved Raising Of Funds
Nov 29 (Reuters) - Man Infraconstruction Ltd MANI.NS:
APPROVED RAISING OF FUNDS
RAISING OF FUNDS THROUGH ISSUE OF UP TO 35.5 MILLION WARRANTS EACH WARRANT CONVERTIBLE INTO 1 EQUITY SHARE
APPROVED RAISING OF FUNDS AGGREGATING UPTO 5.5 BILLION RUPEES
Source text for Eikon: ID:nBSEFLywB
Further company coverage: MANI.NS
(([email protected];))
Nov 29 (Reuters) - Man Infraconstruction Ltd MANI.NS:
APPROVED RAISING OF FUNDS
RAISING OF FUNDS THROUGH ISSUE OF UP TO 35.5 MILLION WARRANTS EACH WARRANT CONVERTIBLE INTO 1 EQUITY SHARE
APPROVED RAISING OF FUNDS AGGREGATING UPTO 5.5 BILLION RUPEES
Source text for Eikon: ID:nBSEFLywB
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Sept-Quarter Consol Pat Rises
Nov 6 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD SEPT-QUARTER CONSOL PAT 696.5 MILLION RUPEES VERSUS 532.8 MILLION RUPEES
MAN INFRACONSTRUCTION LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.15 BILLION RUPEES VERSUS 4.01 BILLION RUPEES
Source text for Eikon: ID:nBSE5Rfv1r
Further company coverage: MANI.NS
(([email protected];))
Nov 6 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD SEPT-QUARTER CONSOL PAT 696.5 MILLION RUPEES VERSUS 532.8 MILLION RUPEES
MAN INFRACONSTRUCTION LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.15 BILLION RUPEES VERSUS 4.01 BILLION RUPEES
Source text for Eikon: ID:nBSE5Rfv1r
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Has Increased Its Ownership Interest To 30% In Atmosphere Realty
Oct 17 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP HAS INCREASED ITS OWNERSHIP INTEREST TO 30% IN ATMOSPHERE REALTY
ACQUISITION WAS COMPLETED FOR CASH CONSIDERATION OF 125 MILLION RUPEES
Further company coverage: MANI.NS
(([email protected];))
Oct 17 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP HAS INCREASED ITS OWNERSHIP INTEREST TO 30% IN ATMOSPHERE REALTY
ACQUISITION WAS COMPLETED FOR CASH CONSIDERATION OF 125 MILLION RUPEES
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Gets Order In Favor, Setting Aside Entire Disputed Service Tax Demand Of 882.4 Million Rupees
Oct 9 (Reuters) - Man Infraconstruction Ltd MANI.NS:
GETS ORDER IN FAVOR, SETTING ASIDE ENTIRE DISPUTED SERVICE TAX DEMAND OF 882.4 MILLION RUPEES
RECEIVED A REFUND OF PRE-DEPOSIT AMOUNT ALONG WITH INTEREST AGGREGATING TO 59.8 MILLION RUPEES
Source text for Eikon: ID:nBSE5hRZGt
Further company coverage: MANI.NS
(([email protected];;))
Oct 9 (Reuters) - Man Infraconstruction Ltd MANI.NS:
GETS ORDER IN FAVOR, SETTING ASIDE ENTIRE DISPUTED SERVICE TAX DEMAND OF 882.4 MILLION RUPEES
RECEIVED A REFUND OF PRE-DEPOSIT AMOUNT ALONG WITH INTEREST AGGREGATING TO 59.8 MILLION RUPEES
Source text for Eikon: ID:nBSE5hRZGt
Further company coverage: MANI.NS
(([email protected];;))
Man Infraconstruction Says Micl Group Got Intimation Of Disapproval Approval For Luxurious Residential Project Of 10 Societies At Mumbai
Sept 27 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP GOT INTIMATION OF DISAPPROVAL APPROVAL FOR LUXURIOUS RESIDENTIAL PROJECT OF 10 SOCIETIES AT MUMBAI
Source text for Eikon: ID:nBSE7n6h12
Further company coverage: MANI.NS
(([email protected];;))
Sept 27 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP GOT INTIMATION OF DISAPPROVAL APPROVAL FOR LUXURIOUS RESIDENTIAL PROJECT OF 10 SOCIETIES AT MUMBAI
Source text for Eikon: ID:nBSE7n6h12
Further company coverage: MANI.NS
(([email protected];;))
India's Man Infra up after Mumbai redevelopment project win
** Shares of Man Infraconstruction MANI.NS rise as much as 7.56% to 148.70 rupees
** Co said it will do redevelopment of a project with carpet area of 1.7 mln square feet in western suburbs of Mumbai
** Adds, project has a revenue potential of 40 bln rupees ($484.26 million) in next 5 years
** Share price above 50-day, 100-day and 200-day exponential moving averages since May 5, suggesting bullish trend
** More than 6.8 mln shares change hands by 11:48 a.m. IST, 3.1x 30-day avg
** Stock up 97.2% YTD
($1 = 82.6000 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Man Infraconstruction MANI.NS rise as much as 7.56% to 148.70 rupees
** Co said it will do redevelopment of a project with carpet area of 1.7 mln square feet in western suburbs of Mumbai
** Adds, project has a revenue potential of 40 bln rupees ($484.26 million) in next 5 years
** Share price above 50-day, 100-day and 200-day exponential moving averages since May 5, suggesting bullish trend
** More than 6.8 mln shares change hands by 11:48 a.m. IST, 3.1x 30-day avg
** Stock up 97.2% YTD
($1 = 82.6000 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Man Infraconstruction June-Quarter Consol Profit Rises
July 25 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD JUNE-QUARTER CONSOL PROFIT 870.6 MILLION RUPEES VERSUS 437.7 MILLION RUPEES
MAN INFRACONSTRUCTION LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.1 BILLION RUPEES VERSUS 3.52 BILLION RUPEES
Source text for Eikon: ID:nBSE9QJz11
Further company coverage: MANI.NS
(([email protected];))
July 25 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD JUNE-QUARTER CONSOL PROFIT 870.6 MILLION RUPEES VERSUS 437.7 MILLION RUPEES
MAN INFRACONSTRUCTION LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.1 BILLION RUPEES VERSUS 3.52 BILLION RUPEES
Source text for Eikon: ID:nBSE9QJz11
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Gets Order Worth 6.8 Billion Rupees
June 23 (Reuters) - Man Infraconstruction Ltd MANI.NS:
GOT LETTER OF ACCEPTANCE
ORDER WORTH 6.8 BILLION RUPEES
Source text for Eikon: ID:nBSE8t1D3S
Further company coverage: MANI.NS
(([email protected];))
June 23 (Reuters) - Man Infraconstruction Ltd MANI.NS:
GOT LETTER OF ACCEPTANCE
ORDER WORTH 6.8 BILLION RUPEES
Source text for Eikon: ID:nBSE8t1D3S
Further company coverage: MANI.NS
(([email protected];))
India's Man Infraconstruction hits over 13-month high on bulk deal
** Shares of Man Infraconstruction Ltd MANI.NS climbs as much as ~5% to 111.90 rupees, their highest since April 22, 2022
** On Monday, Societe Generale bought 3.93 million shares or 1.06% stake of the company in a bulk at 102 rupees apiece - BSE exchange data
** About 2.4 mln shares change hands by 11:17 a.m. IST, 1.7x the 30-day avg - Refinitiv Data
** If trends hold, stock on track to advance for third consecutive session
** Stock last up 4.1%, extending YTD gains to 49.7%
(Reporting by Priya Sagar in Bengaluru)
** Shares of Man Infraconstruction Ltd MANI.NS climbs as much as ~5% to 111.90 rupees, their highest since April 22, 2022
** On Monday, Societe Generale bought 3.93 million shares or 1.06% stake of the company in a bulk at 102 rupees apiece - BSE exchange data
** About 2.4 mln shares change hands by 11:17 a.m. IST, 1.7x the 30-day avg - Refinitiv Data
** If trends hold, stock on track to advance for third consecutive session
** Stock last up 4.1%, extending YTD gains to 49.7%
(Reporting by Priya Sagar in Bengaluru)
Man Infraconstruction Says MICL Group To Develop Residential Project At Mumbai
June 6 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP TO DEVELOP RESIDENTIAL PROJECT AT GHATKOPAR EAST, MUMBAI
PROJECT HAS POTENTIAL TO GENERATE REVENUE OF 12 BILLION RUPEES IN NEXT 4 YEARS
Source text for Eikon: ID:nNSE9TLT5B
Further company coverage: MANI.NS
(([email protected];))
June 6 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MICL GROUP TO DEVELOP RESIDENTIAL PROJECT AT GHATKOPAR EAST, MUMBAI
PROJECT HAS POTENTIAL TO GENERATE REVENUE OF 12 BILLION RUPEES IN NEXT 4 YEARS
Source text for Eikon: ID:nNSE9TLT5B
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction Says Holding In MICL Properties Diluted To 34%
May 23 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD - COMPANY'S HOLDING IN MICL PROPERTIES LLP HAS BEEN DILUTED FROM 99.99% TO 34%
Source text for Eikon: ID:nBSE151XBX
Further company coverage: MANI.NS
(([email protected];))
May 23 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MAN INFRACONSTRUCTION LTD - COMPANY'S HOLDING IN MICL PROPERTIES LLP HAS BEEN DILUTED FROM 99.99% TO 34%
Source text for Eikon: ID:nBSE151XBX
Further company coverage: MANI.NS
(([email protected];))
Man Infraconstruction's Holding In Unit MICL Creators LLP Diluted From 99.99% To 60%
May 17 (Reuters) - Man Infraconstruction Ltd MANI.NS:
CO'S HOLDING IN UNIT MICL CREATORS LLP DILUTED FROM 99.99% TO 60%
Source text for Eikon: ID:nNSE90tvjT
Further company coverage: MANI.NS
(([email protected];))
May 17 (Reuters) - Man Infraconstruction Ltd MANI.NS:
CO'S HOLDING IN UNIT MICL CREATORS LLP DILUTED FROM 99.99% TO 60%
Source text for Eikon: ID:nNSE90tvjT
Further company coverage: MANI.NS
(([email protected];))
India's Man Infraconstruction March-Quarter Consol Pat Rises
May 9 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MARCH-QUARTER CONSOL PAT 815.8 MILLION RUPEES VERSUS 373.6 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.80 BILLION RUPEES VERSUS 2.64 BILLION RUPEES
Source text for Eikon: ID:nBSE813KHn
Further company coverage: MANI.NS
(([email protected];))
May 9 (Reuters) - Man Infraconstruction Ltd MANI.NS:
MARCH-QUARTER CONSOL PAT 815.8 MILLION RUPEES VERSUS 373.6 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.80 BILLION RUPEES VERSUS 2.64 BILLION RUPEES
Source text for Eikon: ID:nBSE813KHn
Further company coverage: MANI.NS
(([email protected];))
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What does Man InfraConstruct do?
Man Infraconstruction Limited, an India-based company, specializes in civil construction projects in port infrastructure, road infrastructure, residential, commercial, institutional, and industrial sectors, with expertise in marine construction.
Who are the competitors of Man InfraConstruct?
Man InfraConstruct major competitors are Ahluwalia Contract(I, Welspun Enterprises, HCC, ION Exchage, ISGEC Heavy Engg., Power Mech Projects, Capacite Infraproj.. Market Cap of Man InfraConstruct is ₹6,256 Crs. While the median market cap of its peers are ₹7,069 Crs.
Is Man InfraConstruct financially stable compared to its competitors?
Man InfraConstruct seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Man InfraConstruct pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Man InfraConstruct latest dividend payout ratio is 20.02% and 3yr average dividend payout ratio is 18.19%
How has Man InfraConstruct allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory, Short Term Loans & Advances
How strong is Man InfraConstruct balance sheet?
Balance sheet of Man InfraConstruct is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Man InfraConstruct improving?
Yes, profit is increasing. The profit of Man InfraConstruct is ₹300 Crs for TTM, ₹300 Crs for Mar 2024 and ₹259 Crs for Mar 2023.
Is the debt of Man InfraConstruct increasing or decreasing?
Yes, The debt of Man InfraConstruct is increasing. Latest debt of Man InfraConstruct is -₹433.84 Crs as of Sep-24. This is greater than Mar-24 when it was -₹965.67 Crs.
Is Man InfraConstruct stock expensive?
Man InfraConstruct is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Man InfraConstruct is 23.08, while 3 year average PE is 30.44. Also latest EV/EBITDA of Man InfraConstruct is 21.78 while 3yr average is 16.75.
Has the share price of Man InfraConstruct grown faster than its competition?
Man InfraConstruct has given better returns compared to its competitors. Man InfraConstruct has grown at ~24.66% over the last 7yrs while peers have grown at a median rate of 11.46%
Is the promoter bullish about Man InfraConstruct?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 66.65% and last quarter promoter holding is 66.62%.
Are mutual funds buying/selling Man InfraConstruct?
The mutual fund holding of Man InfraConstruct is increasing. The current mutual fund holding in Man InfraConstruct is 2.16% while previous quarter holding is 2.15%.