Marg rose 1.14% to Rs 146 at 14:51 IST on BSE the Reserve Bank of India allowed foreign institutional investors to buy up to 40% in the company.
The stock hit a high of Rs 151.55 and a low of Rs 140 so far during the day. The stock had a 52-week high of Rs 630.45 on 2 January 2008 and a 52-week low of Rs 124.45 on 4 July 2008.
The small-cap real estate developer has an equity capital of Rs 25.61 crore. Face value per share is Rs 10.
The current price of Rs 146 discounts its Q4 March 2008 annualised EPS of Rs 61.59, by a PE multiple of 2.37.
The net profit of Marg rose 619.5% to Rs 39.43 crore on a 118% rise in sales to Rs 89.35 crore in Q4 March 2008 over Q4 March 2007.
Marg Construction is engaged in infrastructure and realty development like creation of information technology (IT) parks, special economic zones, wind farms, power stations, malls, ports, commercial and residential complexes.
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