WeWork India Management rises on inking pact to add 4,256 desks in Hyderabad
Wework India Management is currently trading at Rs. 690.05, up by 3.60 points or 0.52% from its previous closing of Rs. 686.45 on the BSE.
The scrip opened at Rs. 696.20 and has touched a high and low of Rs. 696.20 and Rs. 687.30 respectively. So far 370 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 794.20 on 06-Aug-2026 and a 52 week low of Rs. 419.60 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 709.00 and Rs. 672.95 respectively. The current market cap of the company is Rs. 9620.80 crore.
The promoters holding in the company stood at 48.20%, while Institutions and Non-Institutions held 44.51% and 7.29% respectively.
WeWork India Management has entered into Lease Deeds for capacity addition of 3,13,633 square feet in Hyderabad. The capacity addition will add around 4,256 desks to its existing capacity of 1,45,280 desks, operating at a utilization rate of 83.7%.
The additional capacity is expected to be operational on or before July 2027. The investment required for the capacity addition is around Rs 144 crore. The capacity addition is aimed at catering to incremental demand and enhancing the company’s operational capacity in line with business growth
