Meghna Infracon Infrastructure Limited: The Rising Star in Real Estate Industry
Meghna Infracon Infrastructure Limited, a rising star in the real estate industry, has unveiled its latest residential project, RIVAAN, situated in the prime location of Goregaon (west), Mumbai.
Real EstateResidential ProjectMultibagger StockMeghna Infracon Infrastructure LimitedRivaanReal EstateJun 26, 2024
Commenting on this development, Mr. Vikram Jayantilal Lodha - Managing Director said, We are happy to announce the launch of RIVAAN unveiling affluent Residents in Goregaon (west), Mumbai for the development of approx. 1 lac sq. Ft Carpet Area. The launch of RIVAAN marks a significant milestone in our journey towards becoming the preferred luxurious real estate developers in Mumbai. The construction work at the site has been commenced and shall be executed as per the scheduled timelines.
Meghna Infracon Infrastructure Ltd is a real estate builder and construction company based in Mumbai, Maharashtra, India. Today, shares of Meghna Infracon Infrastructure Ltd jumped 19.20 per cent and made a fresh new 52-week high of Rs 468 per share from its previous closing of Rs 393.45 per share. At the closing bell, shares of the company were trading in the green, up 10.89 per cent to Rs 436.30 per share.
The company has a market cap of Rs 466 crore. The shares of the company have an ROE of 27 per cent and an ROCE of 21 per cent. The stock gave multibagger returns of 200 per cent in just 1 year and a whopping 4,650 per cent in 3 years. Investors should keep an eye on this micro-cap stock.
Information
Meghna Infracon Infrastructure Limited is a real estate builder and construction company based in Mumbai, Maharashtra, India. The company has been striving to become the preferred developer for luxurious living spaces in Mumbai.
Meghna Infracon Infrastructure Limited is a leading real estate builder and construction company in India, known for its innovative community living concepts and luxurious living spaces.
Frequently Asked Questions
What is the name of the latest residential project launched by Meghna Infracon Infrastructure Limited?
RIVAAN
Where is the RIVAAN project located?
Goregaon (west), Mumbai
What kind of residences are offered in the RIVAAN project?
1 and 2 BHK residences alongside commercial units on the first floor
What is the market capitalization of Meghna Infracon Infrastructure Limited?
Rs 466 crore
What kind of returns has the stock of Meghna Infracon Infrastructure Limited given in the past?
Multibagger returns of 200 per cent in just 1 year and a whopping 4,650 per cent in 3 years
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