India's Man Infraconstruction hits over 13-month high on bulk deal

Man Infraconstruction

13/06/2023 06:51

** Shares of Man Infraconstruction Ltd  MANI.NS  climbs as
much as ~5% to 111.90 rupees, their highest since April 22, 2022
    ** On Monday, Societe Generale bought 3.93 million shares or
1.06% stake of the company in a bulk at 102 rupees apiece - BSE
exchange data 
    ** About 2.4 mln shares change hands by 11:17 a.m. IST, 1.7x
the 30-day avg - Refinitiv Data
    ** If trends hold, stock on track to advance for third
consecutive session
    ** Stock last up 4.1%, extending YTD gains to 49.7% 

 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com))