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Realty stocks surge as Nirmala Sitharaman hints at booster dose for realty sector

06 Nov 2019 Evaluate

Realty stocks were trading higher as Finance minister Nirmala Sitharaman states that the government and Reserve Bank are working to resolve the issues being faced by realty sector.

DLF is currently trading at Rs. 192.20, up by 8.10 points or 4.40% from its previous closing of Rs. 184.10 on the BSE. The scrip opened at Rs. 187.20 and has touched a high and low of Rs. 194.15 and Rs. 186.00 respectively. So far 987953 shares were traded on the counter.

Sobha is currently trading at Rs. 434.60, up by 20.10 points or 4.85% from its previous closing of Rs. 414.50 on the BSE. The scrip opened at Rs. 418.20 and has touched a high and low of Rs. 438.80 and Rs. 418.00 respectively. So far 24710 shares were traded on the counter.

Kolte Patil Developers is currently trading at Rs. 259.05, up by 5.40 points or 2.13% from its previous closing of Rs. 253.65 on the BSE. The scrip opened at Rs. 256.25 and has touched a high and low of Rs. 263.00 and Rs. 256.25 respectively. So far 3627 shares were traded on the counter.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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