TARC surges on receiving Occupation Certificate for premium residential project in Gurugram
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TARC is currently trading at Rs. 42.05, up by 1.05 points or 2.56% from its previous closing of Rs. 41.00 on the BSE.
The scrip opened at Rs. 41.35 and has touched a high and low of Rs. 43.00 and Rs. 41.35 respectively. So far 28525 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 60.60 on 17-Jan-2022 and a 52 week low of Rs. 32.50 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 43.00 and Rs. 40.20 respectively. The current market cap of the company is Rs. 1234.98 crore.
The promoters holding in the company stood at 65.92%, while Institutions and Non-Institutions held 1.67% and 32.40% respectively.
TARC has received the Occupation Certificate (OC) for its premium residential project, TARC Maceo, in the lush and sprawling Sector 91, Gurugram. TARC Maceo offers an assortment of premium 2/3/4 BHK apartments and palatial penthouses spread across 15.75 acres.
The project provides secure and tranquil living along with a thoughtful mix of amenities and services, including squash courts, swimming pool, gym, yoga and meditation room, restaurant, amphitheatre, lounge, kids' play area, lily pond and seating, skating rink, multilevel security check, pre-school, shuttle service and much more. The current booking offering is at Rs 6,300 per sq. ft., an increase of over 40% in one year.
TARC is one of the largest real estate developers in India.
