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538668 Meghna Infracon Infrastructure News Story

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India's Meghna Infracon Infrastructure rises after project launch

** Shares of Meghna Infracon Infrastructure  MEGC.BO  rise
5.9% to 722.20 rupees
    ** Co launches new residential project at Goregaon (west) in
Mumbai with total estimated sales potential of over 220 mln
rupees ($2.60 mln)
    ** Stock set to gain for seventh straight session
    ** Trading volumes are at 92,855, 3.5x 30-day average
    ** MEGC up 228% YTD, set to gain for the third straight year

($1 = 84.6925 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))

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