Introduction
Leading real estate developer acquired development rights in South Mumbai under cluster redevelopment scheme for Tardeo 2.0 project with estimated ₹2,000 crore sales potential.
Also Read: Meghna Infracon expands Mumbai portfolio with ₹600 crore GDV addition; stock zooms 3.5%
Share price movement of Man Infraconstruction
On April 29, 2026, Man Infraconstruction Ltd opened at ₹116.41, up 0.11% from its previous close of ₹116.28. The stock reached a high of ₹124.60 (7.16%) and a low of ₹116.08. By 1:03 PM, it traded at ₹121.05, a 4.10% increase, with a market cap of ₹4,886.38 crore.
MICL Group Acquires Tardeo Project
Man Infraconstruction Limited announced that Man Aaradhya Infraconstruction LLP acquired development rights for Tardeo Court CHS, Tardeo Apartments CHS and Sethna House in South Mumbai.
The acquisition falls under Cluster Redevelopment scheme 33(9). The proposed Tardeo 2.0 project spans about 46,000 square feet and carries estimated sales potential above ₹2,000 crore.
Man Aaradhya Infraconstruction LLP will develop the project in Tardeo. MICL Group holds nearly 50.5% equity stake in the LLP developing the South Mumbai project.
Stock performance of Man Infraconstruction for period of 1 week, 6 months, and 1 year
Man Infraconstruction Ltd delivered a 1-week return of 13.2%, a 6-month return of -21.9%, and a 1-year return of -25.4%.
Also Read: Vikran Engineering jumps after acquiring 49% stake in NOPL Solar Projects
Shareholding pattern of Man Infraconstruction
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 |
| Promoter | 62.50% | 62.40% | 62.30% |
| FII | 3.80% | 3.90% | 5.20% |
| DII | 1.90% | 2.00% | 2.00% |
| Public | 31.80% | 31.60% | 30.50% |
About Man Infraconstruction
Man Infraconstruction Ltd (NSE: MANINFRA) is an integrated EPC company engaged in engineering, procurement and construction across residential, commercial, industrial, port and road infrastructure projects.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Man Infraconstruction Ltd share price rising today?
A: Man Infraconstruction Ltd share rose after MICL Group acquired Tardeo redevelopment rights via Man Aaradhya LLP project deal.
Q: What is Man Infraconstruction Ltd’s main business focus?
A: Man Infraconstruction Ltd focuses on EPC services across residential, commercial, industrial, port and road infrastructure development projects.
Q: What are the 52-week high and low of Man Infraconstruction Ltd stock?
A: Man Infraconstruction Ltd stock recorded a 52-week high of ₹191.90 and a 52-week low of ₹77.75.


