Peninsula Land is currently trading at Rs. 11.32, up by 0.51 points or 4.72% from its previous closing of Rs. 10.81 on the BSE.
The scrip opened at Rs. 12.00 and has touched a high and low of Rs. 12.10 and Rs. 11.17 respectively. So far 526691 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 44.00 on 08-Jan-2018 and a 52 week low of Rs. 9.95 on 11-Dec-2018.
Last one week high and low of the scrip stood at Rs. 12.10 and Rs. 10.35 respectively. The current market cap of the company is Rs. 322.76 crore.
The promoters holding in the company stood at 55.37%, while Institutions and Non-Institutions held 6.79% and 37.84% respectively.
Peninsula Land has entered into a Securities Purchase Agreement to acquire 86% of the Equity Shares of Rockfirst Real Estate thereby making it a wholly-owned subsidiary of the Company.
Further, the company has also, through its wholly-owned subsidiary Peninsula Holding and Investment (PHIPL) entered into Securities Purchase Agreements to acquire 86% Equity shares of Goodhome Realty and Truewin Realty thereby making them step-down wholly-owned subsidiaries of the company.
Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.
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