DB Realty is currently trading at Rs. 67.75, up by 1.95 points or 2.96% from its previous closing of Rs. 65.80 on the BSE.
The scrip opened at Rs. 66.10 and has touched a high and low of Rs. 68.50 and Rs. 66.10 respectively. So far 52899 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 102.90 on 03-Jul-2014 and a 52 week low of Rs. 51.00 on 17-Dec-2014.
Last one week high and low of the scrip stood at Rs. 68.50 and Rs. 58.90 respectively. The current market cap of the company is Rs. 1600.64 crore.
The promoters holding in the company stood at 62.08% while Institutions and Non-Institutions held 10.87% and 27.05% respectively.
Real estate firm DB Realty will develop a 29 storey residential tower in the suburban Mumbai in the Bandra Kurla Complex (BKC). In this regard, MIG (Bandra) Realtors & Builders, a wholly-owned subsidiary of DB Realty, has undertaken development of land spread across 20,150 sq mt in the BKC.
The company had in October 2010 entered into an agreement with MIG Cooperative Housing Society for the development of the land. DB Realty has so far invested Rs. 340 crore in the project, which is expected to have a built up area of over 2.6 million sq ft.
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.
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