Meghna Infracon Infrastructure jumps on launching residential project `RIVIERA` at Goregaon
Meghna Infracon Infrastructure is currently trading at Rs. 726.95, up by 45.00 points or 6.60% from its previous closing of Rs. 681.95 on the BSE.
The scrip opened at Rs. 689.50 and has touched a high and low of Rs. 758.40 and Rs. 680.00 respectively. So far 38594 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 758.40 on 02-Dec-2024 and a 52 week low of Rs. 192.10 on 23-Jan-2024.
Last one week high and low of the scrip stood at Rs. 758.40 and Rs. 602.25 respectively. The current market cap of the company is Rs. 792.92 crore.
The promoters holding in the company stood at 46.92%, while Institutions and Non-Institutions held 0.90% and 52.19% respectively.
Meghna Infracon Infrastructure (MIIL) has launched New Residential Project named ‘RIVIERA’ located at Goregaon (west), Mumbai. The project marks MIIL’s strategic move into the space premium of Luxury real estate in Mumbai. Located on Prime Location of Goregaon (West) the project offers excellent connectivity to nearby schools, colleges, hospitals, railway station, and entertainment hubs.
The project has a total construction Built up area of about 30,000 Sqft, with total estimated sale potential of over Rs 22 crore. The project is executed through ‘Meghna Aakar Constructions’, a Subsidiary entity of Meghna Infracon Infrastructure, in which 95% stake is hold by MIIL.
Meghna Infracon Infrastructure is one of Mumbai’s premium real estate developers. The company strives to create developments that set new benchmarks and is deeply committed to completing its promises on time.
