Marathon NextGen Realty stock rises nearly 19% in morning trade on share buy-back & new project proposal
The stock of Marathon NextGen Realty rose 18.98% to Rs 266.00 in the morning trade on the BSE on Tuesday as it announced its equity share buy-back and new project proposal meet to be held on March 17, Friday.

Highlights:1. The company on Friday last week announced a meeting for buy-back of its equity shares and new project proposal
2. Its board meeting will be conducted on March 17, Friday, this week
3. In the morning trade, the stock of Marathon NextGen Realty rose 18.98% to Rs 266.00 while its previous close was at Rs 223.55 on the BSE
The stock of real estate company Marathon NextGen Realty rose nearly 19% in the morning trade on the BSE on Tuesday after the company last Friday announced a meeting for buy-back of its equity shares and new project proposal.
The company's board meeting will be conducted on March 17, Friday, this week, cited the company in a filing to the BSE on Friday.
"...a meeting of board of directors of the company is scheduled to be held on Friday, March 17, 2017 at Mumbai to consider the proposal of buy-back of equity shares of the company and new project proposal, among other things," Marathon NextGen Realty said in a filing to the BSE.
ALSO READ: Nifty crosses 9100-mark, Sensex up 500 points
Marathon NextGen Realty focuses on slum rehabilitation to high-end luxury housing segment.
In the morning trade, the stock of Marathon NextGen Realty rose 18.98% to Rs 266.00 on the BSE while its previous close was at Rs 223.55 on the exchange.
The BSE Realty index was up 2.29% in the afternoon.
See LIVE stock updates of Marathon Nextgen Realty here-
At 13:24 hours, the stock of Marathon NextGen Realty was trading up 19.17% or Rs 42.85 at Rs 266.40 on the BSE.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

Rs 1,500 Monthly SIP for 20 Years vs Rs 15,000 Monthly SIP for 5 Years: Know which one can give you higher returns in long term

FD Rates for Rs 10 lakh investment: Compare SBI, PNB, HDFC, ICICI, and Post Office 5-year fixed deposit returns

LIC Saral Pension Plan: How much should you invest one time to get Rs 64,000 annual pension for life?

SIP Calculation at 12% Annualised Return: Rs 1,000 monthly SIP for 20 years, Rs 4,000 for 5 years or Rs 10,000 for 2 years, which do you think works best?

SBI Senior Citizen FD Rates: Know your maturity amount for investments ranging from Rs 5 lakh to Rs 15 lakh in 1 year, 3-year and 5-year, calculations inside

Gratuity Calculation: What will be your gratuity on Rs 45,000 last-drawn basic salary for 6 years & 9 months of service?
01:34 PM IST