Promoter Boosts Stake in Man Infraconstruction, Stock Ends in Green
Man Infraconstruction's stock ended the session higher on June 16, 2025, following a stake increase by promoter Parag K Shah. The company's market cap stands at Rs 6,197.91 crore.
Real EstateStock MarketMan InfraconstructionSensexNiftyReal Estate NewsJun 16, 2025
Promoters Raise Stake
Promoters of the company have raised their stake in Man Infraconstruction. According to the information available, Parag K Shah increased his stake in the company on June 13, 2025. He bought 37,000 shares of Man Infraconstruction. After this, the number of shares he held increased to 117,572,006. The stake held by him in the company has increased from 31.32 per cent to 31.33 per cent. He has been continuously increasing his stake in the company.
Stock Market Closing
Meanwhile, benchmark stock indices Sensex and Nifty rebounded by nearly 1 per cent on Monday following value buying in IT and oil shares and a rally in global shares amid a drop in Brent crude oil prices. The 30-share BSE Sensex jumped 677.55 points or 0.84 per cent to settle at 81,796.15. During the day, it surged 747.22 points or 0.92 per cent to 81,865.82. The 50-share NSE Nifty climbed 227.90 points or 0.92 per cent to 24,946.50. Among 30 Sensex firms, UltraTech Cement, Tech Mahindra, HCL Tech, Tata Consultancy Services, Eternal, Asian Paints, Tata Steel, and Kotak Mahindra Bank were among the biggest gainers. Tata Motors, Adani Ports, and Sun Pharma were the laggards. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index, and Hong Kong's Hang Seng settled in the positive territory.
Frequently Asked Questions
What was the highest and lowest stock price of Man Infraconstruction in the past year?
The stock hit its 52-week high of Rs 262.50 on December 30, 2024, and a 52-week low of Rs 135.05 on March 17, 2024.
Who increased their stake in Man Infraconstruction?
Parag K Shah, a promoter of Man Infraconstruction, increased his stake on June 13, 2025.
How much did Parag K Shah's stake increase by?
Parag K Shah's stake increased from 31.32 per cent to 31.33 per cent after buying 37,000 shares.
What was the closing price of Man Infraconstruction on June 16, 2025?
Man Infraconstruction's stock ended the session at Rs 165.15 on June 16, 2025.
How did the Sensex and Nifty perform on June 16, 2025?
The Sensex jumped 677.55 points or 0.84 per cent to settle at 81,796.15, and the Nifty climbed 227.90 points or 0.92 per cent to 24,946.50.
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