When the date for the announcement of the Q4 results and interim dividend is set, this real estate stock jumps by over 4% Theindiaprint  |  13/05/2025 18:27:12

Following the company’s announcement that the board would convene on May 20 to disclose financial results for the March quarter and discuss a dividend for FY25, Man Infraconstruction’s share price surged by about 4% during Tuesday’s trading session. Man Infraconstruction’s shares were up 3.45% at Rs 164.63 at 11:54 am on the NSE from the previous closing of Rs 159.14. The construction company’s shares were up 3.30% at Rs 164.40 on the BSE.

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The Reason for Today’s Rally

Man Infraconstruction, a BSE Smallcap firm, is expected to issue the first interim dividend for the fiscal year 2025–2026 soon. The EPC firm has informed exchanges that its board of directors will meet on May 20, 2025, to debate and approve the distribution of the first interim dividend for FY 2025-26, in addition to the financial results for the quarter and year ended March 31, 2025.

“Among other things, a meeting of the Company’s Board of Directors is planned for Tuesday, May 20, 2025 (1). (2) To examine and accept the company’s audited financial results (both standalone and consolidated) for the quarter and year that concluded on March 31, 2025. In an exchange filing, the business said that it was considering and approving the payment of the First Interim Dividend for FY 2025-26.

Performance of Stocks

The shares of the firm ended the last trading session at Rs 159.15, up Rs 9.45, or 6.31 percent, from Rs 149.70 at the close. The stock started the session at Rs 154.75 and ended up reaching the intraday high of Rs 154.75. The intraday low for the stock was Rs 152.

The 52-week high and 52-week low of the stock are Rs 262.50 and Rs 135.05. The market value of the civil construction sector is Rs 5,464.22 crore.

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