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Kolte Patil Developers jumps on selling 500 apartments at Life Republic

19 Dec 2019 Evaluate

Kolte Patil Developers is currently trading at Rs. 254.80, up by 9.85 points or 4.02% from its previous closing of Rs. 244.95 on the BSE.

The scrip opened at Rs. 244.00 and has touched a high and low of Rs. 256.80 and Rs. 244.00 respectively. So far 4304 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 288.00 on 27-Sep-2019 and a 52 week low of Rs. 196.00 on 05-Aug-2019.

Last one week high and low of the scrip stood at Rs. 266.40 and Rs. 213.75 respectively. The current market cap of the company is Rs. 1857.09 crore.

The promoters holding in the company stood at 74.63%, while Institutions and Non-Institutions held 14.24% and 11.13% respectively.

Kolte-patil Developers has received a remarkable response from home buyers based on its 'ZABARDUS' promotional campaign at Life Republic. The 'ZABARDUS' campaign, which was launched on November 7, 2019 and ran till December 15, 2019, witnessed sales of 500 units with booking value of Rs 205 crore.

Life Republic, spread across 390 acres, is one of the most aspirational townships located in the vicinity of Hinjawadi, Pune's prime IT hub and one of the fastest growing areas in the city. Life Republic brings several world-class lifestyle choices and amenities to customers. Life Republic, being the company's flagship project, is expected to continue to drive Kolte-Patil's revenue, profits, cash flows and return ratios in a significant manner over next decade-and-a-half.

Kolte Patil Developers is a leading real estate company. The company has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of approximately 15 million square feet across Pune and Bengaluru.

Kolte-Patil Develop. Share Price

366.90 20.75 (5.99%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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