India's Man Infraconstruction rises on acquiring redevelopment project

Man Infraconstruction

10/06/2024 09:34

** Shares of Man Infraconstruction  MANI.NS  rise as much as
4.7% to 203.9 rupees, set for fourth straight session of gains
    ** Engineering, procurement and construction firm says it
acquired a redevelopment project in Bandra Kurla complex in the
city of Mumbai
    ** Co holds 34% stake in the project
    ** More than 1.2 mln shares change hands in the most active
trading session since late-April
    ** Stock last up 2.8%, cutting its YTD losses to 7.7%
        ** In last 12 months, stock is up 95.1%

 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com;))