In an interview to CNBC-TV18, Parag Shah, MD, Man Infraconstruction spoke about the results and his outlook for the company.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer IRB Infrastructure Developers and Man Infraconstruction.
The company announced "launching of first phase of MHADA land redevelopment project located at Ghatkopar East, Mumbai by our SPV namely MICL Realty LLP, wherein Man Infraconstruction Ltd is holding 46 per cent interest," it said in a BSE filing.
In an interview to CNBC-TV18, Parag Shah, Managing Director of Man Infraconstruction spoke about the results and his outlook for the company.
Wipro | Tata Teleservices | Tata Metaliks | Cyient | L&T Infotech | RBL Bank | HCC | Reliance Communications | Balkrishna Industries and Punj Lloyd are stocks, which are in the news today.
In an interview to CNBC-TV18, Parag Shah, MD of Man Infraconstruction spoke about the new projects and the order book position of the company.
Infra stocks like NCC, IRB Infra, HCC, Man Infra and Gammon India to get astro support, says Satish Gupta of Astrostocktips.
SA 1 Holding Infrastructure Company Private Limited sold 8,200,000 shares of Man Infra at Rs 45.30 per share on the BSE.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Cipla, Tayo Rolls, Blue Dart Express, Sunil Hitech Engineers, Man Infraconstruction, IL&FS Engineering and Construction, Schneider Electric, KEC International, IRB Infrastructure Developers.
Rajat Bose of rajatkbose.com advises exiting Man Infraconstruction.
Shares of Sarda Energy gained 14.7 percent as it Q1 (April-June) net profit rose 271 percent at Rs 89.1 crore, while total income was down 6.3 percent at Rs 284.9 crore.
In an interview to CNBC-TV18, Mayuresh Joshi, Fund Manager (PMS) at Angel Broking Ltd shared his readings and outlook on specific stocks and sectors.
The company's total income from operations, however declined to Rs 39.42 crore in the quarter under review as against Rs 45.70 crore in the corresponding quarter of the previous fiscal.
Novartis | Jindal Saw | Equitas | Mayur Uniquoters | Infinite Computer Solutions | VKJ Infradevelopers | Sunflag Iron & Steel | Ramco Systems | IDBI, Century Plyboards | IIFL Holdings | Vardhman Textiles | Astrazeneca Pharma | Xpro India| Welspun India | Hero Motocorp | Monsanto | TCS and MCX are stocks, which are in new today.
Lupin | ICICI Bank | Tech Mahindra | Tata Motors | Hero Motocorp | Bharat Electronics | Eros International | Star Ferro | VRL Logistics | Greaves Cotton | Alphageo India | Delta Corp | DFM Foods | Simplex Castings and InterGlobe Aviation are stocks, which are in the news today.
The promoter's stake currently stands at 61.5 percent in the company, says Man Infra MD Parag Shah.
On June 24, 2016 SA 1 Holding Infrastructure Company Private Limited sold 80,00,000 shares of Man Infra at Rs 38.02.
The company recently won a Rs 752 crore order from Bharat Mumbai Container Terminal for Nhava Sheva Port.
The company's subsidiary Man Projects has received order of Rs 751.69 crore from Bharat Mumbai Container Terminals for development of fourth container terminal at Jawaharlal Nehru Port (JNPT), Mumbai.
The profits in Q4 of the last fiscal year were actually higher at Rs 7 crore but we had to pay the pending CSR (corporate social responsibility) donation of Rs 2 crore and make provisions for Rs 4 crore, says Parag Shah, Managing Director, Man Infraconstruction.
CNBC-TV18‘s research analysts list stocks to focus on in today‘s trade. The stocks expected to gain are all the GST plays including TCI, Gati, Snowman Logistics, Gateway Distriparks, VRL Logistics, Navkar Corporation, Patel Integrated, Relaxo Footwear, Liberty, Bata, Kajaria Ceramics, Somany Ceramics, and HSIL.