Kesar India gains on acquiring 4 acres land in Nagpur
Kesar India is currently trading at Rs. 1165.50, up by 9.55 points or 0.83% from its previous closing of Rs. 1155.95 on the BSE.
The scrip opened at Rs. 1165.10 and has touched a high and low of Rs. 1168.90 and Rs. 1161.50 respectively. So far 800 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1287.40 on 08-Jan-2026 and a 52 week low of Rs. 520.00 on 08-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1180.05 and Rs. 1051.00 respectively. The current market cap of the company is Rs. 3318.78 crore.
The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 16.72% and 9.81% respectively.
Kesar India through its subsidiary -- YK Infraproject has acquired a plot admeasuring around 1.62 hectares (4 acres) at MIHAN-SEZ area located in Nagpur on March 20, 2026, marking a significant milestone in the Company’s growth and expansion plans.
With this transaction, the company has consolidated a strategically located land bank of around 4 acres in the MIHAN-SEZ, Nagpur. The consolidated land parcel has an estimated Gross Development Value (GDV) potential of around Rs 600 crore, subject to approvals and market conditions.
This acquisition aligns with the company’s vision to develop a premium mixed-use project comprising state-of-the-art commercial showrooms, modern inn-style residences, and exclusive luxury villas. The development is aimed at catering to the evolving needs of businesses, travelers, and high-end residential buyers.
