DB Realty is currently trading at Rs. 38.20, up by 3.95 points or 11.53% from its previous closing of Rs. 34.25 on the BSE.
The scrip opened at Rs. 34.40 and has touched a high and low of Rs. 41.10 and Rs. 34.40 respectively. So far 9,33,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 53.85 on 18-Apr-2017 and a 52 week low of Rs. 32.25 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 41.10 and Rs. 32.85 respectively. The current market cap of the company is Rs. 934.11 crore.
The promoters holding in the company stood at 62.31%, while Institutions and Non-Institutions held 11.25% and 26.43% respectively.
DB Realty (DBR) and LIC Housing Finance (LIC) have arrived at a settlement and have executed a debt settlement agreement dated October 16, 2017.
Pursuant thereto, LIC has on October 16, 2017 withdrawn the application made by it in the National Company Law Tribunal (NCLT) Mumbai against DBR and the said application by LIC therefore stands disposed off as withdrawn. In view thereof there are no bankruptcy proceedings pending against the company.
DB Realty is a real estate development and construction company. The company is engaged in the construction of residential buildings/commercial complexes and activities connected and incidental thereto.
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