Godrej Properties gains as its shareholders approve raising of Rs 3,750 crore

09 Mar 2021 Evaluate

Godrej Properties is currently trading at Rs. 1493.90, up by 11.95 points or 0.81% from its previous closing of Rs. 1481.95 on the BSE.

The scrip opened at Rs. 1500.00 and has touched a high and low of Rs. 1501.80 and Rs. 1491.25 respectively. So far 624 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1573.45 on 01-Mar-2021 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. 1536.20 and Rs. 1467.30 respectively. The current market cap of the company is Rs. 37655.86 crore.

The promoters holding in the company stood at 64.44%, while Institutions and Non-Institutions held 25.77% and 9.79% respectively.

Godrej Properties’ shareholders have approved proposal to raise funds in one or more tranches, by issuance of securities for an amount not exceeding Rs 3,750 crore. The shareholders also approved enhancement of investment limit of the company up to Rs 7,500 crore.

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.

Godrej Properties Share Price

2299.05 22.20 (0.98%)
28-Mar-2024 16:01 View Price Chart
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