Godrej Properties is currently trading at Rs. 610.00, up by 13.30 points or 2.23% from its previous closing of Rs. 596.70 on the BSE.
The scrip opened at Rs. 600.00 and has touched a high and low of Rs. 618.10 and Rs. 578.20 respectively. So far 36143 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. 505.95 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 750.00 and Rs. 572.55 respectively. The current market cap of the company is Rs. 15247.45 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 added two new projects in Worli and Matunga East. The company will jointly develop a land parcel in the upscale neighborhood of Worli, in Mumbai. This project will offer approximately 0.11 million square meters (1.17 million square feet) of saleable area as part of a redevelopment project. The site is strategically located and offers an extremely well developed social and civic infrastructure with multiple schools, hospitals, retail, residential, and commercial spaces in close proximity. Worli has over the past decade established itself as one of Mumbai's most desirable residential locations.
The second project will be a residential development on a land parcel located in the prime micro-market of Matunga (East), Mumbai. This project will offer approximately 16,000 square meters (0.17 million square feet) of saleable area comprising of residential apartments of various configurations. The site is situated near Five Gardens Matunga (E), which is one of the most central and preferred residential locations in Mumbai.
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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