MRO-TEK Realty shines on procuring land parcel in North Goa
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MRO-TEK Realty is currently trading at Rs. 99.00, up by 3.95 points or 4.16% from its previous closing of Rs. 95.05 on the BSE.
The scrip opened at Rs. 96.15 and has touched a high and low of Rs. 99.50 and Rs. 92.25 respectively. So far 14311 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 126.80 on 19-Sep-2024 and a 52 week low of Rs. 51.10 on 19-Dec-2023.
Last one week high and low of the scrip stood at Rs. 101.80 and Rs. 89.15 respectively. The current market cap of the company is Rs. 185.91 crore.
The promoters holding in the company stood at 55.04%, while Non-Institutions held 44.96% stake in the company.
MRO-TEK Realty has successfully procured a parcel of land at Candolim, North Goa, a highly sought-after location being in the heart of the popular tourist spots, marking a significant step in its strategic expansion into the Real Estate sector.
This acquisition aligns with its vision to enhance its real estate activities and capitalize on the growing demand for quality properties in this vibrant region. The company is now in the process of proceeding plan approval from the relevant authorities, aiming to develop a project that embodies excellence and innovation and growth in business.
MRO-TEK Realty was incorporated in the year 1984. The Company’s core business activity is manufacture and supply, as well as distribution of Access and Networking equipment & Solutions. The Company entered into real estate segment during the year 2016.
