Marathon Nextgen hits 4-year high in a weak market; zooms 63% in one month

In the past six months, the stock price of Marathon Nextgen has rallied 85 per cent as against 9 per cent decline in the S&P BSE Sensex index

Shares of Marathon Nextgen Realty hit a four-year high of Rs 194.85, soaring 12 per cent on the BSE in Monday's intra-day trade, in an otherwise a weak market. The stock of the residential and commercial projects' company was trading at its highest level since June 2018. In comparison, the S&P BSE Sensex was down 2.6 per cent at 52,892 points.

In the past one month, the stock price of the real estate company has zoomed 63 per cent as against 0.17 per cent rise in the benchmark index. On May 18, 2022, the board had approved the allotment