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Arihant Superstructures soars on its arm inking pact with Capacite for its project in Panvel

Arihant Superstructures Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 506194 | NSE: ARIHANTSUP

06 Nov 2017 Evaluate

Arihant Superstructures is currently trading at Rs. 178.25, up by 5.25 points or 3.03% from its previous closing of Rs. 173.00 on the BSE.

The scrip opened at Rs. 172.00 and has touched a high and low of Rs. 179.00 and Rs. 171.90 respectively. So far 44223 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 211.00 on 05-Jul-2017 and a 52 week low of Rs. 89.00 on 15-Nov-2016.

Last one week high and low of the scrip stood at Rs. 181.90 and Rs. 170.60 respectively. The current market cap of the company is Rs. 733.68 crore.

The promoters holding in the company stood at 74.14%, while institutions and non-institutions held 6.57% and 19.29% respectively.

Arihant Superstructures’ subsidiary -- Arihant Abode -- has signed the letter of intent for construction works contract for its project named as ‘Arihant Aspire’ (formally known as Arihant Akanksha) located at Panvel Near Navi Mumbai proposed Airport with Capacite Infraprojects (CIL).

The contract is valued at Rs 825 crore. These 3 million square feet of area to be sold project under affordable housing policy and can qualify for tax exemption under Section 80 IB of Income tax Act, 1961 and subject to applicable rules and regulations of the said Act. This brings Arihant Superstructures one step closure to launching this Mega Project.

Arihant Superstructures is a real estate company with dominant presence in the affordable housing segment in the Mumbai MMR and the Jodhpur region.

Arihant Superstruct. Share Price

267.20 9.05 (3.51%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Lodha Developers	855.85
Dilip Buildcon	450.15
DLF	595.85
Oberoi Realty	1695.70
Ahluwalia Contract(I	833.35
View more..

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Arihant Superstructures soars on its arm inking pact with Capacite for its project in Panvel

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