The shares of this multibagger stock surged by approximately 7 percent after the company announced the approval of a 1:1 bonus issue. In this article, we will discuss more about the details further.
With a market capitalization of Rs 1,189 crores, the shares of Meghna Infracon Infrastructure Ltd are currently trading at Rs 1,095 per share, down by 6 percent from its 52-week high of Rs 1,164.90 per share. Over the past five years, the stock has delivered multibagger returns of 7,163 percent.
On Wednesday, the company, through a stock exchange filing, announced that the company has approved the issuance of bonus shares in the ratio of 1:1. Eligible shareholders will get a bonus equity share of Rs 10 each for every one fully paid-up equity share of Rs 10 held by them. The company’s Board of Directors has set a record date for identifying the shareholders entitled to receive bonus shares, with the record date being July 8, 2025.
Financial Highlights
The company reported a revenue of Rs 39.88 crore in FY25, down by 25.49 percent from its FY24 revenue of Rs 53.52 crores. However, it reported a massive net profit increase of 209 percent to Rs 9.79 crore in FY25 from Rs 3.17 crore in FY24.
The stock delivered an ROE and ROCE of 52.56 percent and 69.93 percent respectively, and is currently trading at a P/E of 128.70x as compared to its industry peers of 38.53x.
As of March 2025, Promoted holding stands at 46.92 percent, followed by FIIs with 1.93 percent and Public with 51.14 percent. Meghna Infracon Infrastructure Ltd is primarily a real estate developer based in Mumbai, India. The company focuses on residential projects, especially in the premium and luxury segments within Mumbai. It specializes in developing residential properties, particularly luxury and premium apartments.
Written by Satyajeet Mukherjee
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