This realty stock surges over 3% after acquisition update - check details

Shares of EPC firm Man Infraconstruction gained on Tuesday even as the market remained volatile. The surge in the share price comes after the civil construction company shared updates related to an acquisition. The counter started the session in the green at Rs 161.20 on the BSE against the previous close of Rs 160.60. It gained further to touch the intraday high of Rs 165.40 - a gain of 3.21 per cent from the last closing price. The stock has gained after two consecutive days of decline. On technical parameters, the counter is trading higher than 20-day and 50-day moving averages but lower than 5-day, 100-day and 200-day moving averages.

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