Godrej Properties is currently trading at Rs. 714.00, up by 56.85 points or 8.65% from its previous closing of Rs. 657.15 on the BSE.
The scrip opened at Rs. 656.50 and has touched a high and low of Rs. 724.95 and Rs. 612.00 respectively. So far 50003 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1188.00 on 05-Feb-2020 and a 52 week low of Rs. 612.00 on 20-Mar-2020.
Last one week high and low of the scrip stood at Rs. 818.00 and Rs. 612.00 respectively. The current market cap of the company is Rs. 17607.65 crore.
The promoters holding in the company stood at 64.45%, while Institutions and Non-Institutions held 23.91% and 11.64% respectively.
Godrej Properties has acquired 43.61 acres of land in Faridabad, Haryana, from local builder BPTP to expand its presence in the national capital region (NCR). The company did not disclose the deal value. The company will sell plots in this project. This project will offer about 1 million sq ft of plotted development. This new project in Faridabad is a key micro-market within NCR and this fits well with company’s strategy of deepening its presence in key markets across India's leading cities.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
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