Godrej Properties is currently trading at Rs. 342.00, up by 4.75 points or 1.41% from its previous closing of Rs. 337.25 on the BSE.
The scrip opened at Rs. 340.20 and has touched a high and low of Rs. 345.95 and Rs. 340.20 respectively. So far 4,669 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 386.00 on 09-Aug-2016 and a 52 week low of Rs. 266.40 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 345.95 and Rs. 333.30 respectively. The current market cap of the company is Rs. 7,393.10 crore.
The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 9.33% and 15.72% respectively.
Godrej Properties (GPL), one of India’s leading real estate developers, has acquired a land parcel measuring approximately 12 acres off Sarjapur Road in South Bangalore. The company plans to develop a residential housing project of approximately 92,900 sq. mfrs. (approximately 1 million sq. ft.).
The project is located in an attractive residential area with close proximity to the commercial and industrial catchment areas of Electronic City Phase I & II, Sarjapur Road, and Hosur Road. It also offers good connectivity to Outer Ring Road, Varthur and Whitefield. This project will be developed in partnership with Godrej Residential Investment Program II.
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.
