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Godrej Properties rises on partnering with MCGM to set up green waste management plant

23 Feb 2018 Evaluate

Godrej Properties is currently trading at Rs. 786.00, up by 9.70 points or 1.25% from its previous closing of Rs. 776.30 on the BSE.

The scrip opened at Rs. 781.65 and has touched a high and low of Rs. 790.00 and Rs. 775.00 respectively. So far 6622 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 910.00 on 23-Jan-2018 and a 52 week low of Rs. 345.00 on 07-Mar-2017.

Last one week high and low of the scrip stood at Rs. 798.15 and Rs. 763.00 respectively. The current market cap of the company is Rs. 16993.62 crore.

The promoters holding in the company stood at 74.87%, while Institutions and Non-Institutions held 11.01% and 14.11% respectively.

Godrej Properties (GPL) has set up a waste management plant that will convert green horticultural waste to fuel briquettes. This is part of Godrej Properties' CSR goals and is part of the Godrej Group's Good & Green program aimed at driving sustainable development in India.

The plant has been set up at MCGM K West ward, Jogeshwari West, Mumbai, on a land area of 5,000 sq. ft. that has been allocated to this project by the Municipal Corporation of Greater Mumbai (MCGM). The plant will help in diverting 50 tons of green waste from landfill per day. This project will be funded by Godrej Properties and operated by Green Roots.

GPL is currently developing residential, commercial and township projects spread across approximately 14.36 million square meters (147 million square feet) in 12 cities.

Godrej Properties Share Price

1753.40 -5.25 (-0.30%)
20-Apr-2026 10:29 View Price Chart
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