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Meghna Infracon surges on expanding premium redevelopment portfolio with five new projects

The five new projects carry an estimated Gross Development Value (GDV) of around Rs 600 crore

Meghna Infracon Infrastructure is currently trading at Rs. 751.00, up by 20.15 points or 2.76 % from its previous closing of Rs. 730.85 on the BSE.

The scrip opened at Rs. 734.90 and has touched a high and low of Rs. 755.00 and Rs. 730.00 respectively. So far 72873 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 755.00 on 28-Apr-2026 and a 52 week low of Rs. 415.00 on 28-Apr-2025.

Last one week high and low of the scrip stood at Rs. 755.00 and Rs. 525.00 respectively. The current market cap of the company is Rs. 1629.17 crore.

The promoters holding in the company stood at 47.01%, while Institutions and Non-Institutions held 7.89% and 45.10% respectively.

Meghna Infracon Infrastructure has expanded its premium redevelopment portfolio across Mumbai Metropolitan regions most sought-after residential and Commercial micro-markets, with five new projects spanning the western suburbs and Thane. With the addition of these projects, carrying an estimated Gross Development Value (GDV) of around Rs 600 crore, the company’s total construction pipeline now exceeds 10 lakh square feet, with a cumulative estimated GDV of over Rs 1,000 crore. This reinforces its strategy to strengthen presence across premium, high-demand residential corridors of the city.

The projects Jay Pathik in Goregaon West (around 35,000 square feet), Bharti CHS in Bandra (West) (around 1,10,000 square feet), Jai Murli Govind CHS in Khar (West) (around 45,000 square feet), Viram in the Juhu, Vile Parle growth corridor (around 32,000 square feet) and Shushma Fabrics, Wagle Estate (around 2,85,000 square feet) are situated in established neighbourhoods recognized for excellent connectivity, strong social infrastructure, and sustained demand for premium housing & offices.

All projects are being developed under the redevelopment model and will offer premium residences, retail outlets & offices with contemporary architecture, efficient layouts, larger living spaces, and curated lifestyle amenities. The developments will also incorporate enhanced safety features, dedicated parking, and sustainability-focused elements in line with evolving urban living standards. The expansion comes amid growing demand for premium, design-led housing in Mumbai, particularly in well-established micro-markets where redevelopment continues to unlock value for both residents and developers.

Meghna Infracon Infrastructure is one of Mumbai’s premium real estate developers. The company strives to create developments that set new benchmarks and is deeply committed to completing its promises on time.