Man Infra Construction Share Price Rises After Stake Acquisition

Market Performance

Man Infraconstruction's share price rose by over 1% in early trading on June 11, 2025, following the company's announcement of a key acquisition.

• Opening Price: ₹168.96 (vs. previous close of ₹168.01)
• Intraday High: ₹170.92 (up 1.16%)
• Long-Term Performance:
  • 1-Year Return: Down 15%
  • 6-Month Return: Down 29%
  • 5-Year Return: Up a staggering 1,274% (multi-bagger)

Key Acquisition Update

Man Infraconstruction has increased its stake in Man Realtors and Holdings Private Limited (MRHPL), thereby making it a wholly owned subsidiary.

Deal Highlights

• Shares Acquired: 17,03,183 equity shares (36.07% stake)
• Price per Share: ₹215
• Total Holding Now: 63.93% (full ownership)

The company stated that the move aligns with its strategy to strengthen its real estate business.

Recent Expansion Moves

• On May 27, 2025, Man Infraconstruction's subsidiary MICL Global, INC. acquired an additional 25% stake in MICL TIGERTAIL LLC for $1 million.
• This follows the company's push to expand its real estate development operations.

Summary

• Man Infraconstruction's share price rose 1.16% following the acquisition news.
• The company now wholly owns MRHPL after increasing its stake to 63.93%.
• Despite recent volatility, the stock has delivered multi-bagger returns (1,274%) over five years.