DB Realty is currently trading at Rs. 57.55, up by 1.05 points or 1.86% from its previous closing of Rs. 56.50 on the BSE.
The scrip opened at Rs. 59.00 and has touched a high and low of Rs. 59.30 and Rs. 57.40 respectively. So far 11,141 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 85.95 on 11-Jan-2018 and a 52 week low of Rs. 32.25 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 60.50 and Rs. 52.30 respectively. The current market cap of the company is Rs. 1,399.95 crore.
The promoters holding in the company stood at 62.32%, while Institutions and Non-Institutions held 10.99% and 26.68% respectively.
DB Realty’s wholly owned subsidiary - Real Gem Buildtech has arrived at an arrangement with and entered into a Development Management Agreement (DMA) with Kingmaker Developers, a Group of Rustomjee (a subsidiary of Keystone Realtors) for the development management of real estate project at DB Crown, situated at Gokhale Road, Prabhadevi in Mumbai.
As per the agreement, the development manager will manage, monitor, supervise and coordinate the construction and development of the Project and the sales, marketing and customer relationship management.
DB Realty is a real estate development and construction company. The company is engaged in the construction of residential buildings/commercial complexes and activities connected and incidental thereto.
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