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Arihant Superstructures gains with arm receiving certificate for Taloja project

11 Jan 2018 Evaluate

Arihant Superstructures is currently trading at Rs. 171.15, up by 0.80 points or 0.47% from its previous closing of Rs. 170.35 on the BSE.

The scrip opened at Rs. 172.80 and has touched a high and low of Rs. 174.20 and Rs. 170.40 respectively. So far 14,192 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. 99.00 on 18-Jan-2017.

Last one week high and low of the scrip stood at Rs. 185.00 and Rs. 168.15 respectively. The current market cap of the company is Rs. 704.45 crore.

The promoters holding in the company stood at 74.14%, while Institutions and Non-Institutions held 6.59% and 19.27% respectively.

Arihant Superstructures’ (ASL) subsidiary - Arihant Vatika Realty has received the approval of Plan/Commencement Certificate for construction and implementation of its project named as ‘Arihant Anaika Phase II’ located at Taloja, Navi Mumbai.

ASL group has recently launched its flagship project Arihant Aspire at Palaspe, Panvel which achieved 267 unit sales out of 650 opened in the initial phase.

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



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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