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Coffee Day Enterprises surges on signing agreements with Blackstone to sell Global Village Tech Park

18 Sep 2019 Evaluate

Coffee Day Enterprises is currently trading at Rs. 74.75, up by 2.00 points or 2.75% from its previous closing of Rs. 72.75 on the BSE.

The scrip opened at Rs. 73.00 and has touched a high and low of Rs. 76.35 and Rs. 73.00 respectively. So far 65520 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 325.00 on 21-Sep-2018 and a 52 week low of Rs. 60.95 on 06-Sep-2019.

Last one week high and low of the scrip stood at Rs. 77.75 and Rs. 67.15 respectively. The current market cap of the company is Rs. 1573.83 crore.

The promoters holding in the company stood at 53.93%, while Institutions and Non-Institutions held 5.78% and 40.29% respectively.

Coffee Day Enterprises has signed definitive agreements with Blackstone and Salarpuria Sattva Group for sale of Global Village Tech Park at an enterprising value of Rs 2,700 crore. The company’s board had recently approved the sale of prime real estate property GV Tech Park as part of efforts to raise funds for paring the debt.

The company has executed definitive agreements with entities belonging to Blackstone Group and the Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of Tanglin Development. The completion of the transaction is dependent on the transfer of Global Village TechPark asset from Tanglin Development to GV Techpark.

Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Cafe Coffee Day that pioneered the coffee culture in the chained cafe segment in India.


Coffee Day Enter. Share Price

27.93 -0.25 (-0.89%)
16-Apr-2026 16:59 View Price Chart
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