Marathon Nextgen Realty gained 8.7% to Rs 260.40 at 12:35 IST on BSE after the company said that shares of the company will be listed and admitted to dealings on the National Stock Exchange of India with effect from tomorrow, 29 September 2016.
The announcement was made during market hours today, 28 September 2016.Meanwhile, the S&P BSE Sensex was up 72.45 points, or 0.26% to 28,297.52
On BSE, so far 9,479 shares were traded in the counter as against an average daily volume of 10,786 shares in the past one quarter. The stock hit a high of Rs 261 and a low of Rs 245.05 so far during the day. The stock had hit a 52-week high of Rs 297 on 12 August 2018. The stock had hit 52-week low of Rs 107.33 on 28 September 2015. The stock had underperformed the market over the past 30 days till 27 September 2016, falling 11.98% compared with 1.15% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 9.86% as against Sensex's 5.55% rise.
The small-cap company has equity capital of Rs 28.44 crore. Face value per share is Rs 10.
Marathon Nextgen Realty's consolidated net profit rose 60.11% to Rs 15.05 crore on 86.61% rise in total income to Rs 24.39 crore in Q1 June 2016 over Q1 June 2015.
Marathon Nextgen Realty is a Mumbai-based company engaged in real estate development business.
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