India's Man Infraconstruction rises on project win

Man Infraconstruction

22/03/2024 05:13

** Shares of construction and engineering firm Man
Infraconstruction  MANI.NS  up 3.4% at 210.45 rupees
    ** Co says it got project; expects to generate total sales
value 21 bln rupees ($251.9 mln) and profit before tax of 4 bln
rupees
    ** Stock up ~13% over five straight sessions of gains
    ** Stock on track to post first weekly gain in seven; set
for best week since late November

($1 = 83.3650 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))