Awfis Space Solutions jumps on launching first centre in Lucknow
Awfis Space Solutions is currently trading at Rs. 693.15, up by 10.60 points or 1.55% from its previous closing of Rs. 682.55 on the BSE.
The scrip opened at Rs. 681.95 and has touched a high and low of Rs. 699.00 and Rs. 672.00 respectively. So far 17777 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 945.70 on 22-Aug-2024 and a 52 week low of Rs. 371.75 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 785.00 and Rs. 672.00 respectively. The current market cap of the company is Rs. 4939.19 crore.
The promoters holding in the company stood at 20.44%, while Institutions and Non-Institutions held 43.30% and 36.26% respectively.
Awfis Space Solutions has launched its first centre in Lucknow, spanning an impressive 47,694 sq. ft. Strategically located in Gomti Nagar, a vibrant business district and the city’s thriving IT corridor, the area has emerged as a hub for technology and commercial activity. With rapid development in IT parks, business complexes, and residential projects, Gomti Nagar stands out as a prime destination for real estate investment. As a vital contributor to Uttar Pradesh's ambitious $1-trillion economy goal, Lucknow accounts for 3.85% of the state's GDP.
With the launch of its new center in Lucknow, the company solidifies its position as India’s leading provider of flexible workspace solutions. As an industry pioneer, Awfis was the first to enter a Tier-II city in 2018. Since then, it has expanded to nine cities, including Chandigarh, Bhubaneswar, Guwahati, Kochi, Jaipur, Nagpur, Pune, Indore, and Lucknow establishing the most extensive presence in these regions. This milestone underscores the company’s commitment to addressing the growing demand for high-quality, flexible workspaces.
Awfis Space Solutions offers a wide range of flexible workspace solutions, catering to the needs of individuals, start-ups, SMEs, and large corporations.
