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Godrej Properties is currently trading at Rs. 1336.30, up by 9.95 points or 0.75% from its previous closing of Rs. 1326.35 on the BSE.

The scrip opened at Rs. 1329.95 and has touched a high and low of Rs. 1342.80 and Rs. 1319.55 respectively. So far 6088 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2124.45 on 13-Dec-2021 and a 52 week low of Rs. 1130.20 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1342.80 and Rs. 1264.40 respectively. The current market cap of the company is Rs. 36875.31 crore.

The promoters holding in the company stood at 58.48%, while Institutions and Non-Institutions held 32.04% and 9.48% respectively.

Godrej Properties has acquired an around 18.6 acre land parcel in Kandivali, Mumbai. The project will have a developable potential of around 3.72 million square feet with an estimated revenue potential of around Rs 7,000 crore on an outright basis.

The development will comprise primarily of premium residential apartments with supporting retail spaces. This will be one of company's largest residential developments and significantly strengthens its presence in the western suburbs of Mumbai. This is the 8th project addition for the company in FY23 and takes the cumulative expected booking value from projects added in FY23 to around Rs 16,500 crore as against its full year guidance of adding projects with a booking value potential of Rs 15,000 crore.

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.