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Marathon Nextgen Realty gains 7% on fixing record date for stock split

The company has fixed April 6 as record date for split of face value of the equity shares of the company from existing Rs 10 each to Rs 5 each.

March 29, 2018 / 10:44 AM IST
IRB Infrastructure Developers  | In 2020 so far, the share price has moved up 76 percent to Rs 131.20. It's trailing twelve months (TTM) P/E was 6.40 multiple while 5-year average P/E was 8.30 multiple.

IRB Infrastructure Developers  | In 2020 so far, the share price has moved up 76 percent to Rs 131.20. It's trailing twelve months (TTM) P/E was 6.40 multiple while 5-year average P/E was 8.30 multiple.

 
 
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Share price of Marathon Nextgen Realty gained 7 percent intraday Monday on fixing record date for stock split.

The company has fixed April 6 as record date for split of face value of the equity shares of the company from existing Rs 10 each to Rs 5 each.

The share touched its 52-week high Rs 669.50 and 52-week low Rs 258.10 on 01 January, 2018 and 29 March, 2017, respectively.

Currently, it is trading 38.39 percent below its 52-week high and 59.82 percent above its 52-week low.

At 13:17 hrs Marathon Nextgen Realty was quoting at Rs 412.50, up Rs 8.65, or 2.14 percent on the BSE.

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Posted by Rakesh Patil
Moneycontrol News
first published: Mar 26, 2018 01:40 pm

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