Kolte-Patil Developers jumps on inking two new residential development projects in Pune
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Kolte-Patil Developers is currently trading at Rs. 268.00, up by 4.85 points or 1.84% from its previous closing of Rs. 263.15 on the BSE.
The scrip opened at Rs. 263.35 and has touched a high and low of Rs. 273.80 and Rs. 259.40 respectively. So far 48858 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 383.55 on 20-Oct-2022 and a 52 week low of Rs. 214.05 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 273.80 and Rs. 255.55 respectively. The current market cap of the company is Rs. 2069.22 crore.
The promoters holding in the company stood at 74.45%, while Institutions and Non-Institutions held 6.11% and 19.45% respectively.
Kolte-Patil Developers has signed two new residential development projects in Pune, with a total estimated saleable area of 1.9 million square feet and a top-line potential of around Rs 1,300 crore. These projects are located in Wagholi (Nagar Road), and NIBM Road (Kondhwa) in Pune. This move marks the company’s efforts towards further strengthening its leadership position in the high potential micro markets of Pune.
Kolte Patil Developers is a leading real estate company.
