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Suraj Estate Developers is currently trading at Rs. 684.20, up by 10.90 points or 1.62% from its previous closing of Rs. 673.30 on the BSE.

The scrip opened at Rs. 699.95 and has touched a high and low of Rs. 706.95 and Rs. 681.15 respectively. So far 8036 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 842.00 on 20-Aug-2024 and a 52 week low of Rs. 256.00 on 27-Mar-2024.

Last one week high and low of the scrip stood at Rs. 706.95  and Rs. 641.65 respectively. The current market cap of the company is Rs. 3271.04 crore.

The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 5.09% and 19.96% respectively.

Suraj Estate Developers through its wholly-owned subsidiary Iconic Property Developers, has acquired through Conveyance a vacant parcel of land admeasuring around 1,464 square meters (around 15,758 square feet) situated at Senapati Bapat Marg, Mahim (W), Mumbai, for a consideration of Rs 101 crore. The entire consideration along with stamp duty and registration charges has been fully paid. The project envisions the development of a commercial building with an estimated RERA carpet area of 1.03 lakhs square feet with a gross development value (GDV) of around 525 crore.

The newly acquired land parcel is strategically positioned adjacent to a previously acquired vacant plot, intended for the development of a commercial building. The amalgamation of these two plots, will enable the development of a composite commercial building with larger floor plates to meet the growing demand of corporate clients. 

Suraj Estate Developers builds and develops real estate, with a focus on best-in-class collaborations and client assurance.