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Marathon Nextgen Realty gains after fixing record date for bonus issue

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Capital Market
Last Updated : Dec 15 2015 | 11:47 AM IST

Marathon Nextgen Realty 2.64% to Rs 249 at 10:51 IST on BSE, after the company fixed 22 December 2015 as the record date for the purpose of issue of one bonus share for every two shares held.

The announcement was made after market hours yesterday, 14 December 2015.

Meanwhile, the BSE Sensex was down 33.90 points, or 0.13% to 25,116.45

On BSE, so far 618 shares were traded in the counter as against an average daily volume of 5,374 shares in the past one quarter.

The stock hit a high of Rs 253.90 and a low of Rs 248.10 so far during the day. The stock had hit a 52-week high of Rs 299 on 3 December 2015. The stock had hit 52-week low of Rs 132.60 on 19 March 2015.

The stock had outperformed the market over the past one month till 14 December 2015, rising 19.39% compared with 1.8% fall in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 47.03% as against Sensex's 2.73% decline.

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The small-cap company has equity capital of Rs 18.96 crore. Face value per share is Rs 10.

Marathon Nextgen Realty's net profit dropped 37.9% to Rs 7.25 crore on 8.6% rise in total income to Rs 18.89 crore in Q2 September 2015 over Q2 September 2014.

Marathon Nextgen Realty is a Mumbai-based company engaged in real estate development business.

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First Published: Dec 15 2015 | 11:02 AM IST

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