Modis Navnirman rises on getting OC for 'Rashmi Celestia' project in Borivali West
Modi's Navnirman is currently trading at Rs. 306.45, up by 1.40 points or 0.46% from its previous closing of Rs. 305.05 on the BSE.
The scrip opened at Rs. 310.70 and has touched a high and low of Rs. 310.70 and Rs. 304.15 respectively. So far 16 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.00 on 14-Nov-2025 and a 52 week low of Rs. 220.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 335 and Rs. 304.15 respectively. The current market cap of the company is Rs. 600.37 crore.
The promoters holding in the company stood at 63.79%, while Institutions and Non-Institutions held 12.33% and 23.88% respectively.
Modis Navnirman has received the Occupation Certificate (OC) for its premium mixed use development 'Rashmi Celestia', located in Borivali West, marking the successful completion of the project and enabling residents and occupants to begin possession. Strategically located in one of Mumbai’s most well connected suburban micro markets, Rashmi Celestia has been designed as a modern mixed-use development combining thoughtfully planned residences with commercial spaces. The project reflects the company’s commitment to delivering high quality urban developments that blend design efficiency, lifestyle convenience, and long term value.
Spread across around 1,30,000 square feet of development, the project features a modern tower with ground level commercial spaces, semi commercial floors, and residential apartments from the upper levels, along with lifestyle amenities and contemporary architectural design. The development has been carefully planned to cater to evolving urban lifestyles with efficient layouts, modern infrastructure, and integrated amenities. Residents will benefit from improved living environments, enhanced safety features, and proximity to Borivali West’s established social infrastructure including schools, healthcare facilities, retail hubs, and transportation networks.
