Infraconstruction Shares Rise 7% on Rs 2,000 Cr Project

Man Infraconstruction Ltd shares rose over 7% to Rs 124.60 after acquiring a South Mumbai luxury project with >Rs 2,000 cr sales potential.
The 46,000 sq ft Tardeo 2.0 project, executed via Man Aaradhya Infraconstruction LLP (50.5% MICL stake), adds to South Mumbai pipeline exceeding Rs 8,000 cr.
FY2025 results show total income Rs 1,231 cr, net profit Rs 283 cr, and a net‑cash‑positive balance sheet.
The EPC vertical holds a Rs 300 cr order book, with a 66% infrastructure and 34% residential project mix.