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Satra Properties surges with arm launching re-development residential project

28 Apr 2017 Evaluate

Satra Properties India is currently trading at Rs. 6.66, up by 0.39 points or 6.22% from its previous closing of Rs. 6.27 on the BSE.

The scrip opened at Rs. 6.00 and has touched a high and low of Rs. 6.66 and Rs. 6.00 respectively.

The BSE group 'XD' stock of face value Rs. 2 has touched a 52 week high of Rs. 8.40 on 24-Oct-2016 and a 52 week low of Rs. 4.21 on 27-Jun-2016.

Last one week high and low of the scrip stood at Rs. 6.90 and Rs. 6.00 respectively. The current market cap of the company is Rs. 118.79 crore.

The promoters holding in the company stood at 72.63%, while Institutions and Non-Institutions held 3.73% and 23.65% respectively.

Satra Properties India’s step-down subsidiary company ‘RRB Realtors’ is launching a re-development residential project namely ‘Satra Harmony’ on April 28, 2017.

Earlier, in March, the company’s wholly owned subsidiary - Satra Property Developers, had divested its 49% stake in Satra Realty and Builders, its wholly owned subsidiary.

Satra Properties India is a real estate development company in India and its primary business is the development of commercial, retail, hotel and residential properties.




Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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