Eldeco Housing gains on getting nod to amalgamate with Eldeco City

27 Oct 2017

Eldeco Housing & Industries is currently trading at Rs. 1539.95, up by 10.45 points or 0.68% from its previous closing of Rs. 1529.50 on the BSE.

The scrip opened at Rs. 1569.35 and has touched a high and low of Rs. 1569.35 and Rs. 1465.00 respectively. So far 723 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1569.35 on 27-Oct-2017 and a 52 week low of Rs. 378.75 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1569.35 and Rs. 1435.00 respectively. The current market cap of the company is Rs. 302.85 crore.

The promoters holding in the company stood at 54.83%, while Non-Institutions held 45.17% stake in the company.

Eldeco Housing & Industries has received an approval for amalgamation of Eldeco City, a wholly owned subsidiary of the company with the company. The board of directors at their meeting held on October 27, 2017, has approved for the same.

Eldeco Housing & Industries has a presence in all the major real estate classes - multi-storey group housing, residential townships, shopping malls, industrial parks, SEZs, office buildings and hotels.

Related Eldeco Housing & Industries Ltd. Links:

Eldeco Housing & Ind Share Price

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