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DB Realty spurts as its arm receives ‘Full Occupation Certificate’ for Mumbai project

26 Dec 2014

DB Realty is currently trading at Rs. 59.65, up by 5.40 points or 9.95% from its previous closing of Rs. 54.25 on the BSE.

The scrip opened at Rs. 54.70 and has touched a high and low of Rs. 61.65 and Rs. 54.70 respectively. So far 337833 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.20 on 19-Jun-2014 and a 52 week low of Rs. 47.55 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 61.20 and Rs. 53.50 respectively. The current market cap of the company is Rs. 1460.77 crore.

The promoters holding in the company stood at 61.43 % while Institutions and Non-Institutions held 10.35 % and 28.23 % respectively.

DB Realty’s subsidiary company - DB Woods has received Full Occupation Certificate for its development comprising 3 residential towers of 55 stories each and 630 flats located at Goregaon (East) in Mumbai. The project is the tallest residential development in the Mumbai Suburbs. The company is proud to handover of the development to its customers.

DB Realty is a real estate development company that focuses on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment, in and around Mumbai.

Related DB Realty Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323