Author: micl2

This multibagger small-cap company redefines possession standards and delivers Aaradhya Highpark Towers E & F – 21 months ahead of its schedule!

Man Infraconstruction Limited (MICL) has clinched a prime sea-facing residential project near Marine Lines in Mumbai. The project will be executed under the asset-light development management (DM) model and has secured a letter of intent from Shreepati Zaoba Housing LLP.

Man Infraconstruction Limited (MICL) shares jumped more than 3% on Friday, March 22, after the company said it has bagged an ultra-luxurious residential project in South Mumbai.

Shares of Man Infraconstruction rose 3.68 per cent to Rs 210.85, commanding a total market capitalization of more than 7,800 crore.

Man Infraconstruction Limited has clinched a prime sea-facing residential project near Marine Lines in Mumbai.

Man Infraconstruction Limited (‘MICL’), headquartered in Mumbai, a leading construction company and a pioneer name in real estate development, announced its results for the period of Q2FY24 and H1FY24.

MICL Group, a stalwart in the real estate industry, proudly celebrates 59 years of unwavering commitment to excellence and trust. This illustrious journey has recently been embellished with two prestigious accolades

MICL Group added another Ultra-Luxurious Residential Project with saleable carpet area of approx 4.0 lakh sq. ft. in Ghatkopar East, Mumbai.

Luxury real estate is experiencing explosive growth globally, driven by evolving consumer preferences and technological advances.

The company’s profit after tax (PAT) stood at Rs 37.4 crore during the corresponding period of 2022-23, MICL said in a statement.