Godrej Properties trades higher on the bourses

Godrej Properties Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 533150 | NSE: GODREJPROP

27 Nov 2017 Evaluate

Godrej Properties is currently trading at Rs. 716.05, up by 1.60 points or 0.22% from its previous closing of Rs. 714.45 on the BSE.

The scrip opened at Rs. 734.80 and has touched a high and low of Rs. 734.80 and Rs. 709.00 respectively. So far 4222 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 739.50 on 06-Nov-2017 and a 52 week low of Rs. 286.90 on 22-Dec-2016.

Last one week high and low of the scrip stood at Rs. 738.00 and Rs. 682.00 respectively. The current market cap of the company is Rs. 15605.92 crore.

The promoters holding in the company stood at 74.88%, while institutions and non-institutions held 11.21% and 13.92% respectively.

Godrej Properties has launched the Godrej Public Art Initiative through which it will partner with leading contemporary Indian and international artists to bring public art to its projects across India.

The first two artists the company has partnered with are Subodh Gupta and Manish Nai, both of whom are amongst India’s brightest artistic talents. Both artists have created large-scale works that have already been installed at Godrej BKC, a LEED Platinum rated commercial office building at Bandra Kurla Complex in Mumbai. The two art installations at Godrej BKC are ‘Aakash, Pataal, Dharti (Space, Depth, Surface), 2016’ by Subodh Gupta positioned outside the building, and a site-specific wall sculpture, ‘Untitled, 2017’, by Manish Nai in the entrance lobby.

In addition to these installations at Godrej BKC, both Subodh Gupta and Manish Nai are also working on monumental installations for Godrej Properties’ flagship project, The Trees, in Vikhroli.

Aside from incorporating public art into its own developments, Godrej Properties is also supporting public art in locations across India. As a first step, Godrej Properties is proud to be a sponsor of the Madhavendra Sculpture Palace at Nahargarh Fort, one of India's first sculpture parks that is being planned within an iconic location In Jaipur.