The shares of a Mumbai-based real estate company engaged in commercial and residential development were in focus during Monday’s session after bulk deals worth over Rs 53 crore took place. The sale included exits by Nomura and NECTA Bloom VCC – NECTA Bloom One.
With a market capitalisation of Rs 4,803 crore, shares of Marathon Nextgen Realty Ltd surged nearly 5% on Tuesday, hitting an intraday high of Rs 725.80 compared to the previous close of Rs 691.80.
Whats the News
According to the latest exchange data, Nomura on Monday executed a bulk deal in a Mumbai-based real estate company, offloading shares worth over ₹29 crore via Nomura Singapore at a price of Rs 670.11 per share. The transaction price was marginally higher than the stock’s previous closing, indicating a strategic offload.
On the same day, another bulk deal took place as NECTA Bloom VCC – NECTA Bloom One sold shares worth Rs 24 crore, marking a combined offload of over Rs 53 crore in the stock.
About the Company
With over 55 years of real estate experience, this Mumbai-based developer has delivered 100+ projects across the city and is currently developing 4 million sq. ft. across the Mumbai Metropolitan Region (MMR). Its portfolio spans townships, affordable housing, luxury skyscrapers, office spaces, and business centers. LINK
The company is also expanding into SEZs, infrastructure, hospitality, and capital markets. With 880 acres under planning and over 15,000 homes in the pipeline, it has already served 10,000+ families.
The company posted a revenue of Rs 580 crore in FY25, down by 17.7% from Rs 705 crore in FY24. The net profit has increased by 13 percent, from Rs. 169 crore in FY24 to Rs. 191 crore in FY25.The company maintained a Return on Capital Employed (ROCE) of 15.1% and a Return on Equity (ROE) of 17.1%.
Written By Rohan Pandey
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