Hampton Sky Realty gains on getting nod to incorporate two wholly owned subsidiaries
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Hampton Sky Realty is currently trading at Rs. 30.80, up by 0.57 points or 1.89% from its previous closing of Rs. 30.23 on the BSE.
The scrip opened at Rs. 31.00 and has touched a high and low of Rs. 32.95 and Rs. 30.25 respectively. So far 394705 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 59.00 on 17-Nov-2023 and a 52 week low of Rs. 26.08 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 32.95 and Rs. 30.00 respectively. The current market cap of the company is Rs. 841.58 crore.
The promoters holding in the company stood at 74.89%, while Institutions and Non-Institutions held 3.60% and 21.51% respectively.
Hampton Sky Realty has received approval to incorporate two wholly owned subsidiaries namely ‘Hampton Sky Hotels’ and ‘Hampton Sky Hospitality’. The proposed wholly owned subsidiaries to be incorporated shall carry out business in the field of Hotels and Hospitality Services.
The company has also received approval to invest fund in joint venture company namely ‘Hampton Sky Farms’. The company is subscribing 33.34% share capital in Hampton Sky Farms. The Proposed Company aims to engage in real estate operations focussing more particularly on the business of constructing, acquiring, leasing, holding, selling farmhouses.
The Board of Directors of Hampton Sky Realty at its meeting held on July 18, 2024 had considered and approved the same.
Hampton Sky Realty, formerly Ritesh Properties and Industries, is an India-based company engaged in the business of real estate, textiles, trading in shares and derivatives.
