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Man Infraconstruction rises on receiving LoA worth Rs 78.83 crore

23 Jan 2020 Evaluate

Man InfraConstruction is currently trading at Rs. 32.85, up by 0.10 points or 0.31% from its previous closing of Rs. 32.75 on the BSE.

The scrip opened at Rs. 33.00 and has touched a high and low of Rs. 33.40 and Rs. 32.70 respectively. So far 550 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 41.85 on 29-Mar-2019 and a 52 week low of Rs. 18.00 on 01-Oct-2019.

Last one week high and low of the scrip stood at Rs. 33.90 and Rs. 29.60 respectively. The current market cap of the company is Rs. 810.56 crore.

The promoters holding in the company stood at 64.32%, while Institutions and Non-Institutions held 1.20% and 34.48% respectively.

Man Infraconstruction has received a Letter of Acceptance (LoA) for work worth Rs 78.83 crore from Indian Port Rail & Ropeway Corporation (formerly known as Indian Port Rail Corporation), a Government of India Enterprise for execution of work being Modification in JNPT Rail Yard and further work of development of Integrated Common Rail Yard facility at JNPT, Navi Mumbai, Maharashtra.

The said LoA is in addition to the work order for Rs 91.92 crore for development of Integrated Common Rail Yard facility at JNPT; being currently under execution by the company; making total work order to Rs 170. 75 crore.

Man Infraconstruction (MICL) is an India-based company engaged in the business of civil construction. The Company’s operations consist of construction / project activities/real estate activities.

Man InfraConstruct Share Price

97.30 -0.01 (-0.01%)
17-Apr-2026 16:59 View Price Chart
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