Madhav Infra Projects is currently trading at Rs. 5.45, up by 0.03 points or 0.55% from its previous closing of Rs. 5.42 on the BSE.
The scrip opened at Rs. 5.69 and has touched a high and low of Rs. 5.69 and Rs. 5.40 respectively. So far 66962 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 9.00 on 07-Aug-2020 and a 52 week low of Rs. 4.26 on 13-May-2020.
Last one week high and low of the scrip stood at Rs. 6.09 and Rs. 5.35 respectively. The current market cap of the company is Rs. 143.49 crore.
The promoters holding in the company stood at 72.65%, while Non-Institutions held 27.35% stake in the company.
Madhav Infra Projects has acquired 235,000 (94%) Equity Shares of Rs 10 each of RB Realestate (RBRPL) from its shareholders on August 31, 2020. The company already holds the stake of 15000 (6%) Equity Shares of Rs 10 each in RBRPL. The Status of RBRPL is now wholly own subsidiary company of Madhav Infra Projects. The main object of the company is to acquire RBRPL, is to make future construction or real estate activity through the Special Purpose Vehicle at the various locations.
Madhav Infra Projects operates under Madhav Group which focused on Energy, Highways, Urban Infrastructure and Real Estate industries.
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