Godrej Properties gains on acquiring 9 acres land in Pune
Godrej Properties is currently trading at Rs. 1683.35, up by 18.20 points or 1.09% from its previous closing of Rs. 1665.15 on the BSE.
The scrip opened at Rs. 1677.30 and has touched a high and low of Rs. 1685.00 and Rs. 1658.45 respectively. So far 6423 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2598.00 on 14-Oct-2021 and a 52 week low of Rs. 1200.10 on 06-May-2021.
Last one week high and low of the scrip stood at Rs. 1685.00 and Rs. 1579.45 respectively. The current market cap of the company is Rs. 46289.18 crore.
The promoters holding in the company stood at 58.43%, while Institutions and Non-Institutions held 33.94% and 7.63% respectively.
Godrej Properties has acquired a 9 acres land parcel in the residential micro-market of Pimpri-Chinchwad in Pune. The development will primarily be for a group housing project. Pimpri-Chinchwad is one of the established residential locations in Pune and has excellent connectivity to all major social and commercial hubs of Pune city.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
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