Godrej Properties is currently trading at Rs. 280.20, up by 5.90 points or 2.15% from its previous closing of Rs. 274.30 on the BSE.
The scrip opened at Rs. 274.30 and has touched a high and low of Rs. 281.60 and Rs. 271.40 respectively. So far 19861 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 283.00 on 08-Dec-2014 and a 52 week low of Rs. 153.90 on 30-Jan-2014.
Last one week high and low of the scrip stood at Rs. 281.60 and Rs. 264.00 respectively. The current market cap of the company is Rs. 5545.88 crore.
The promoters holding in the company stood at 74.92% while Institutions and Non-Institutions held 11.47% and 13.61% respectively.
Godrej Properties has received an approval for merger of one of its subsidiary company ‘Godrej Premium Builders’ with a wholly owned subsidiary ‘Godrej Projects Development’ (GPDPL), in its capacity as a shareholder, through a scheme of amalgamation, subject to the necessary approvals as may be required. The board of directors at their meeting held on January 27, 2015 has approved for the same.
Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.
