Madhucon Projects
6.53
-0.10(-1.51%)
Market Cap₹48.90 Cr
PE Ratio-
IndustryConstruction
Company Performance:
1D-1.51%
1M-8.42%
6M-9.93%
1Y-50.90%
5Y+226.50%
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Latest news about Madhucon Projects
Madhucon Projects Reports Profit, Appoints New Directors Amid Ongoing Challenges 3 days ago
Madhucon Projects Limited reported a profit of ₹14.02 lakhs for Q2, reversing a loss from the previous year. The company made significant board changes, including new director appointments and a resignation. However, auditors raised concerns about investment valuations, loan defaults, and unpaid dues. The company faces legal challenges, including property attachments by the Enforcement Directorate and insolvency proceedings for some subsidiaries.