Arvind SmartSpaces gains on selling entire launched inventory of 2nd phase of Arvind Greatlands
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Arvind Smartspaces is currently trading at Rs. 253.90, up by 1.65 points or 0.65% from its previous closing of Rs. 252.25 on the BSE.
The scrip opened at Rs. 255.85 and has touched a high and low of Rs. 259.00 and Rs. 252.95 respectively. So far 769 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 348.00 on 16-Jan-2023 and a 52 week low of Rs. 142.35 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 264.30 and Rs. 225.00 respectively. The current market cap of the company is Rs. 1142.99 crore.
The promoters holding in the company stood at 50.44%, while Institutions and Non-Institutions held 10.74% and 38.82% respectively.
Arvind SmartSpaces (ASL) has sold out the entire launched inventory of 2nd phase of its residential plotted development project, Arvind Greatlands in Devanahalli, Bengaluru, within 7 hours of launch. It consisted of more than 150 units valued at more than Rs 100 crore.
Arvind Greatlands marked ASL’s entry into the plotted development segment in Bengaluru. The first phase of this project, with a saleable area of 0.5 million sq. ft. amounting to a booking value of more than Rs 200 crore, was sold out in 10 hours in November 26, 2022. The first phase is under HDFC Platform 1. The second phase and all future phases are fully owned by Arvind SmartSpaces.
Arvind SmartSpaces is engaged in to the business of Construction and Real Estate.
