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Godrej Properties gains on entering in Noida market

25 Jan 2016 Evaluate

Godrej Properties is currently trading at Rs. 314.00, up by 4.25 points or 1.37% from its previous closing of Rs. 309.75 on the BSE.

The scrip opened at Rs. 315.05 and has touched a high and low of Rs. 317.00 and Rs. 312.00 respectively. So far 1,155 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 374.50 on 20-Oct-2015 and a 52 week low of Rs. 231.55 on 30-Apr-2015.

Last one week high and low of the scrip stood at Rs. 321.75 and Rs. 305.00 respectively. The current market cap of the company is Rs. 6,264.00 crore.

The promoters holding in the company stood at 74.86% while Institutions and Non-Institutions held 10.01% and 15.13% respectively.

Godrej Properties (GPL), the real estate development arm of the Godrej Group, has entered the Noida real estate market for the first time through a development management agreement to develop a residential group housing project within Lotus Greens Sports City in Sector 150, Noida.

Spread over 36 acres, the project will offer approximately 370,000 square meters (4 million square feet) of saleable area and will be developed as a modern residential development comprising of apartments of various configurations.

This is the company’s first project in Noida and sixth within the National Capital Region (NCR). Within five years of entering the NCR market, Godrej Properties has established itself as one of the market leaders in Gurgaon in FY15 and hopes to replicate this success in Noida

Godrej Properties brings the Godrej Group philosophy of innovation and excellence to the real estate industry. The company is currently developing residential, commercial and township projects spread across 10.67 million square meters (115 million square feet) in 12 cities.


Godrej Properties Share Price

1758.65 11.15 (0.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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