Ashiana Housing is currently trading at Rs. 178.00, up by 3.50 points or 2.01% from its previous closing of Rs. 174.50 on the BSE.
The scrip opened at Rs. 178.00 and has touched a high and low of Rs. 178.00 and Rs. 178.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 183.50 on 12-Mar-2012 and a 52 week low of Rs. 111.10 on 19-May-2011.
Last one week high and low of the scrip stood at Rs. 178.00 and Rs. 167.25 respectively. The current market cap of the company is Rs. 333.00 crore.
The promoters holding in the company stood at 66.12% while Institutions and Non-Institutions held 0.37% and 33.50% respectively.
Ashiana Housing has entered into a partnership with Manglam Group for the development of 31 acres of land situated in village Manpur Bhatawala, off Tonk Road, Jaipur at Rajasthan. The land will be utilized to develop a residential project comprising of villas and G+4 developments with a total saleable area of approximately 13 to 15 lakh square feet. The land is currently agricultural and the company plans to receive the requisite clearances in this financial year and start development.
Recently, the company had entered into Gujarat real estate market through a revenue share agreement for 10.65 acres of land situated in Halol, Gujarat. This 10.65 acres of land in Halol would be utilized to develop a residential colony.
Ashiana Housing is a fast growing real estate developer. It has presence in group housing, retirement resorts, retail, hotels and facilities management. It has pioneered the concept of retirement resorts in India.
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