Kolte Patil Developers inches up on partnering with Tata Power
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Kolte-Patil Developers is currently trading at Rs. 258.05, up by 0.10 points or 0.04% from its previous closing of Rs. 257.95 on the BSE.
The scrip opened at Rs. 259.25 and has touched a high and low of Rs. 259.75 and Rs. 253.50 respectively. So far 9122 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 360.00 on 23-Sep-2021 and a 52 week low of Rs. 211.80 on 18-Jun-2021.
Last one week high and low of the scrip stood at Rs. 272.00 and Rs. 238.70 respectively. The current market cap of the company is Rs. 1962.43 crore.
The promoters holding in the company stood at 74.45%, while Institutions and Non-Institutions held 5.68% and 19.88% respectively.
Kolte Patil Developers has partnered with Tata Power, India's largest EV charging solutions provider, to set up charging stations across its projects in the cities of Pune, Mumbai and Bengaluru for providing comprehensive charging solutions to the EV owners.
As part of wider green mobility adoption, EVs and the charging infrastructure play a key role to mitigate climate change challenges in the urban mobility space. Tata power with its expertise and proven track record to provide seamless EV charging facilities will offer best-in-class EV charging to residential customers of Kolte-Patil Developers, further easing their e-mobility journey, providing a uniform and ubiquitous EV charging experience.
Kolte Patil Developers is a leading real estate company. The company has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of approximately 15 million square feet across Pune and Bengaluru.
