Nitesh Estates is currently trading at Rs. 12.90, up by 0.25 points or 1.98% from its previous closing of Rs. 12.65 on the BSE.
The scrip opened at Rs. 12.07 and has touched a high and low of Rs. 12.90 and Rs. 12.07 respectively.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.50 on 12-Jan-2018 and a 52 week low of Rs. 8.40 on 09-Aug-2017.
Last one week high and low of the scrip stood at Rs. 12.90 and Rs. 11.46 respectively. The current market cap of the company is Rs. 188.12 crore.
The promoters holding in the company stood at 46.94%, while Institutions and Non-Institutions held 13.84% and 39.21% respectively.
Nitesh Estates has obtained the approval from Bangalore Development Authority (BDA) for its Nitesh Virgin Island project. This project is spread around 8 acre of land will have high rise towers with high-class residential units, aggregating to over million square feet of development. The project will yield a turnover of around Rs 370 crore to the company.
Nitesh Estates is a leading integrated property development company headquartered in Bangalore. The company provides world-class products and services and has presence across four asset class - Homes, Hotels, Office Buildings, and Shopping Malls.
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