After 803% Return In 3-Yrs, Small Cap Construction Co To Consider Dividend

Small cap construction company, Man Infraconstruction Ltd on Monday announced that it will hold a meeting of board of directors of the company on November 6, 2023 to consider & approve payment of third interim dividend for FY 2023-24. The board will also consider and approve unaudited financial results of the company. Man Infraconstruction shares gained 4.90% intraday on BSE to end the day at Rs 152.00 per share. Man Infraconstruction shares rallied 118% in last 6-months and soared 808% in last 3-years. Check details below:

Man Infraconstruction Stock Outlook, Return Over Years: Last trading price of Man Infraconstruction share is Rs 152.00 per share. Its 52-week high price is Rs 158.00 per share and 52-week low price is Rs 66.25 per share, respectively. The company has a market capitalisation of Rs 5,643.01 crore. Man Infraconstruction stock gained 101% YTD, soared 130% in last 2-years, and offered 438% return in last 5-years.

Man Infraconstruction To Consider Dividend, Financial Results: The company in its BSE filing issued today stated, "This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, 05th November, 2023, inter-alia: (i) to consider and approve the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended 30th September, 2023; and (ii) to consider and approve payment of Third Interim Dividend for FY 2023-24."

Man Infraconstruction Financials: The company for the quarter ended June 30, 2023 announced its net sales at Rs 362.62 crore, up 271.79% as against Rs 97.53 crore in June 2022. It announced its quarterly net profit at Rs 63.32 crore in June 2023, up 82.25 % as against Rs 34.74 crore in June 2022. It declared its EBITDA at Rs 87.32 crore in June 2023, up 85.79% as against Rs 47.00 crore in June 2022.

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