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Meghna Infracon expands Mumbai portfolio with ₹600 crore GDV addition; stock zooms 3.5%

News by Aliceblue News Desk

28 Apr 2026

Meghna Infracon expands Mumbai portfolio with ₹600 crore GDV addition; stock zooms 3.5%

Introduction

Leading real estate developer expands Mumbai portfolio with five redevelopment projects worth Rs 600 crore GDV, taking total development value beyond Rs 1,000 crore across segments.

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Share price movement of Meghna Infracon

On April 28, 2026, Meghna Infracon Infrastructure Ltd opened at ₹734.90, up 0.55% from its previous close of ₹730.85. The stock reached a high of ₹755.00 (3.30%) and a low of ₹730.00. By 11:01 AM, it traded at ₹751.00, a 2.76% increase, with a market cap of ₹1,631.45 crore.

Meghna Infracon expands Mumbai portfolio

Meghna Infracon Infrastructure Limited announced expansion of its premium residential and commercial portfolio across Mumbai with five new redevelopment projects, adding estimated Gross Development Value of about Rs 600 crore.

The projects are located in Goregaon West, Bandra West, Khar West, Juhu Vile Parle corridor, and Wagle Estate Thane, covering over 10 lakh square feet construction pipeline.

The company stated cumulative estimated Gross Development Value exceeds Rs 1,000 crore, with key projects including Bharti CHS and Viram, alongside commercial redevelopment project in Wagle Estate.

Stock performance of Meghna Infracon for period of 1 week, 6 months, and 1 year

Meghna Infracon Infrastructure Ltd delivered a 1-week return of 3.33%, a 6-month return of 28.9%, and a 1-year return of 67.2%.

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Shareholding pattern of Meghna Infracon 

ParticularsMar 2026Dec 2025Sep 2025
Promoter47.00%46.90%46.90%
FII8%7.80%7.80%
DII0%0%0%
Public45.10%45.20%45.20%

About Meghna Infracon 

Meghna Infracon Infrastructure Limited (NSE: MIIL) is a Mumbai based real estate developer focused on residential redevelopment and design led housing across western suburbs high potential micro markets.

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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 Meghna Infracon Infrastructure Ltd share price rising today?

A: Meghna Infracon Infrastructure Ltd share price is rising after expansion with five Mumbai projects adding Rs 600 crore GDV to its pipeline.

Q: What is Meghna Infracon Infrastructure Ltd’s main business focus?

A: Meghna Infracon Infrastructure Ltd focuses on residential redevelopment and design led housing projects across Mumbai western suburbs high demand micro markets.

Q: What are the 52-week high and low of Meghna Infracon Infrastructure Ltd stock?

A: Meghna Infracon Infrastructure Ltd stock has a 52-week high of Rs 755.00 and a low of Rs 415.00.

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